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Thursday, April 4, 2013

Deals of the day -- mergers and acquisitions, (NYSE: PCS)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Deutsche Telekom is looking into improving the terms of a proposed merger of its T-Mobile USA unit with MetroPCS Communications PCS.N as a last resort to win over shareholders ahead of a vote on the deal next week, two people familiar with Deutsche Telekom's thinking said.

Shares of PCS traded higher by 1.46% or $0.16/share to $11.12. In the past year, the shares have traded as low as $5.53 and as high as $14.51. On average, 6608770 shares of PCS exchange hands on a given day and today's volume is recorded at 17105944.



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