Well.
That's it.
IMO, the first offer is going to be turned down by the stockholders.
What I understood of the presentation today, Metro is getting a couple three dollars less a share in the merger than they should And the notes of debt for the merger are at way too high of a interest rate. Catastrophicly high actually.
Not dwelled on but one point sticks in my craw.
If this is so good for Metro, why did the Metro CEO already sell off a pile of his stock? If the merger is good for everyone, it figures he'd hold on to it.
FWIW, I don't think T-Mo will bail, but redo the offer.
THAT'S why (IMO) Metro sent their own S4 to the FCC, the merger May happen but it's not going to be soon at all.
That's the way I sees it anyway.
Bruce in Ocala, FL