Thursday, October 4, 2012

Sprint Weighs MetroPCS Bid

Sprint is in the early stages of evaluating a counter offer for MetroPCS Communications Inc. (PCS) to top Deutsche Telekom AG (DTE)’s bid to combine it with T-Mobile USA, BusinessWeek reports.  

Should that happen, it would appear the Sprint board of directors made a bad decision in overruling CEO Dan Hesse's proposal that Sprint should buy MetroPCS, made earlier in 2012.  

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Nvidia Asset-Backed "Securitization" Moves

Nvidia is working with six private equity and financial entities to create a financing mechanism for servers that essentially aims to turn h...