Metro ditches bid for Leap

November 2007
RCR Wireless News;11/5/2007, Vol. 26 Issue 42, p8
Trade Publication
The article reports that MetroPCS Communications Inc. dropped its proposal to merge with Leap Wireless International Inc., following Leap's disinterest in the deal. Metro's stock was down around 1% on the news, while Leap's fell almost 6%. MetroPCS early in September announced an unsolicited $5.1 billion merger bid for Leap.


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