Thursday, 31 July 2014

France's Iliad makes buyout offer for T-Mobile USA: source

A T-Mobile store sign is seen in Broomfield, Colorado (Reuters) - French telecoms operator Iliad SA has made a buyout offer for T-Mobile USA Inc , a person familiar with the matter said, countering an offer by Sprint Corp . The Wall Street Journal reported earlier on Thursday that Iliad had made the surprise offer to T-Mobile's board less than a week ago and was working with several banks to secure financing. T-Mobile and Iliad did not immediately respond to requests for comment.








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