Amazon and MGM today announced that they have entered into a definitive merger agreement under which Amazon will acquire MGM for a purchase price of $8.45 billion. MGM has nearly a century of filmmaking history and complements the work of Amazon Studios, which has primarily focused on producing TV show programming. Amazon will help preserve […]
The T-Mobile and Sprint merger has completed, and ahead of schedule John Legere has stepped down as CEO with Mike Sievert taking the helm of the combined company. To read the rest of the article, click here.
During a two-week trial in December, T-Mobile and Sprint argued the merger will better equip the new company to compete with top players Verizon Communications Inc and AT&T Inc, creating a more efficient company with low prices and faster internet speeds. The states, led by California and New York, had said the deal would reduce […]
The Federal Communications Commission has given the green light for the merger between T-Mobile and Sprint, with Wednesday’s vote of approval for the joining of the two companies being one of the last hurdles needed to be cleared for the transaction to proceed. To read the rest of the article, click here.
