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MetroPCs Bid For Leap Falls

Withdraws $4.7B offer for rival

By Peter Fearon, Newser Staff

Posted Nov 1, 2007 10:09 PM CDT

(Newser) – The proposed multi-billion dollar merger of rival discount wireless service providers has collapsed amid acrimony. AP reports MetroPCS Communications is withdrawing it's $4.7 Billion bid for Leap Wireless International. The Leap board had rejected the bid as "financially inadequate." Both companies allow... Read full story »

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MetroPCs Bid For Leap Falls

Withdraws $4.7B offer for rival

No Merger

cell phones • broadband Internet • mergers and acquisitions • MetroPCs • Leap Wireless International • wireless service

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