MetroPCS urges investors to support merger

Finalization of the deal between MetroPCS and T-Mobile is drawing near, but it’s not without its roadblocks. This morning MetroPCS released a statement to shareholders urging them to support the bid in light of an activist campaign opposing the merger. Shareholders will vote on the matter at a special meeting April 12. MetroPCS is pushing the merger as a positive move, stating it will leave the company well-positioned in the competitive U.S. marketplace thanks to increased financial resources, improved network coverage and seasoned leadership. Two of the biggest MetroPCS shareholders – Paulson & Co and P. Schoenfeld Asset Management –

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