T-Mobile to acquire Mint Mobile, Ultra Mobile in up to $1.35 billion deal

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T-Mobile to acquire Mint Mobile, Ultra Mobile in up to $1.35 billion deal
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T-Mobile US Inc. plans to acquire prepaid brands Mint Mobile and Ultra Mobile as well as wholesaler Plum, the company announced Tuesday. T-Mobile intends to...

T-Mobile US Inc.

plans to acquire prepaid brands Mint Mobile and Ultra Mobile as well as wholesaler Plum, the company announced Tuesday. T-Mobile intends to pay up to $1.35 billion to purchase Ka’ena Corp., the parent of these brands. T-Mobile will make the purchase in a combination of 39% cash and 61% stock, with the final purchase price determined by Ka’ena’s performance after the closing.

plans to acquire prepaid brands Mint Mobile and Ultra Mobile as well as wholesaler Plum, the company announced Tuesday. T-Mobile intends to pay up to $1.35 billion to purchase Ka’ena Corp., the parent of these brands. T-Mobile will make the purchase in a combination of 39% cash and 61% stock, with the final purchase price determined by Ka’ena’s performance after the closing.

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