Is US Anti-Trust Making A Comeback?
(3 min read)
Will the $26bn T-Mobile/Sprint deal actually happen? The decision will be made in the next few weeks. Back in August it looked like a sure thing. Now analysts give it a 50/50 chance of meeting anti-trust muster.
No one has a bigger stake in this flip of a coin than Softbank’s head, Masayoshi Son. He either walks away with a modest gain on his original $20bn investment in Sprint (S) in 2013 – or he faces losing it all plus somehow having to deal with a $39bn debt load if S ends up in bankruptcy. It would be a painful hit but wouldn’t break Softbank. But coming on the heels of the WeWork disaster the reputational hit will more difficult to recover from.
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