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Why Did Sprint Stock Stumble?

Video Credit: Wochit News - Duration: 00:32s - Published < > Embed
Why Did Sprint Stock Stumble?

Why Did Sprint Stock Stumble?

Ten attorney generals from US states on Tuesday are expected to file a lawsuit to block the merger between T-Mobile and Sprint.

The $146 billion merger between T-Mobile and Sprint will reportedly face another hurdle.

The lawsuit will be filed in the the Southern District of New York.

The proposed merger would combine the country's third- and fourth-largest wireless carriers.

Sprint shares are down more than 5% following the report.

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Why Did Sprint Stock Stumble?

APRIL 27, 2010 FILE PHOTO




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