On March 12, the United States Federal Communications Commission has approved T-Mobile’s merger with MetroPCS, following the March 6 approval by the Department of Justice. Today, Richardson, Texas-headquartered MetroPCS issued an update informing us that the two partners are announcing receipt of all required regulatory approvals, clearing the way for the merger.
Although the deal is still pending an approval by MetroPCS shareholders, which are scheduled to vote on the merger next month, the transaction has now received a stamp of approval from the Committee on Foreign Investment...