DOJ approves T-Mobile-Sprint merger but there is still one loose end

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The $26.5 billion T-Mobile-Sprint merger is now so close to becoming a reality that investors are throwing money at the shares of both companies. According to CNBC, the U.S. Department of Justice (DOJ) has given its approval to the deal, something that it failed to do when AT&T agreed to pay $39 billion for T-Mobile back in 2011. The regulatory agency also told inquiring T-Mobile and Sprint executives three years later that it would not give its blessing to a combination of the two wireless providers.
But this time around, the DOJ made it clear that both carriers …

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