Deutsche Telekom Said to Sweeten Debt Terms of MetroPCS Bid
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Deutsche Telekom AG plans to offer a sweetened bid as soon as tonight for MetroPCS Communications Inc., which the German company aims to merge with its T-Mobile USA division, a person familiar with the decision said.
The new terms will impose less debt on the combined company and have lower interest rates on the loan than the previous bid, said the person, who asked not to be named because the discussions are private.