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Sprint, T-Mobile Merger Could Depend on Trump Staying Out of It

  • Foreign ownership, job cuts might be seen as harming consumers
  • Regulatory approval viewed as a coin toss by analyst Moffett
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Bloomberg’s Christine Harvey discusses Sprint and T-Mobile’s potential merger, aluminum’s big gains and WTI. (Source: Bloomberg)
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Add politics to the list of challenges that could derail another attempt to combine Sprint Corp. and T-Mobile US Inc.

Merger talks between Tokyo-based SoftBank Group Corp., which owns almost 85 percent of Sprint, and Deutsche Telekom AG, the controlling owner of T-Mobile, are underway. And unlike two prior attempts, this time the deal could hinge on whether President Donald Trump can stay out of the approval process.