DOJ Ends Probe Of $3.3B T-Mobile, Verizon Deal Early
Law360, New York (February 11, 2014, 6:12 PM EST) -- The U.S. Department of Justice brought its antitrust review of T-Mobile US Inc.'s acquisition of Verizon Wireless spectrum licenses to an early close Monday, giving its approval to the $3.3 billion deal just over a month after it was announced.
The DOJ issued a notice that it was terminating its premerger evaluation of the transaction early, signing off on T-Mobile's purchase of 700-megahertz A-block spectrum licenses from Verizon in exchange for $2.36 billion in cash and spectrum licenses valued at $950 million.
When the deal was announced in early January, the companies said it would be subject to federal review under...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!