Sources: T-Mobile and Sprint agree to a $26.5B merger that values Sprint at $6.62 a share, John Legere will be CEO, Deutsche Telekom will own 42%, SoftBank 27% (Bloomberg)

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Bloomberg:
Sources: T-Mobile and Sprint agree to a $26.5B merger that values Sprint at $6.62 a share, John Legere will be CEO, Deutsche Telekom will own 42%, SoftBank 27%  —  T-Mobile US Inc. and Sprint Corp. are poised to combine in a $26.5 billion merger, creating a wireless giant to compete …