The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday: ** Sprint Corp and T-Mobile US Inc might have some fresh arguments to allay regulator skepticism about a merger, but the government may still be reluctant to approve shrinking the U.S. wireless market from four main players to three. Sprint, purchased by Japan's Softbank Corp in 2013, has agreed to pay about $40 per share, or over $32 billion, for T-Mobile US, a person familiar with the matter said on Wednesday, bringing to a head a long-discussed and controversial deal to reshape the U.S. cellphone market.** Mexican real estate investment trust (REIT) Fibra Shop Portafolios said its shareholders had approved the purchase of three shopping centers in the country worth around 1.5 billion pesos ($116 million). The shopping centers belonged to U.S. REIT Kimco Realty Corp and were in the states of Morelos next to Mexico City, Chiapas in the south and Sonora in the northwest, Fibra Shop said in a statement on Thursday.
Kimco Realty Corp. is a real estate investment trust (REIT) that owns and operates North America?s largest portfolio of neighborhood and community shopping centers. Shares of KIM traded higher by 1.86% or $0.43/share to $23.54. In the past year, the shares have traded as low as $19.22 and as high as $23.55. On average, 2578610 shares of KIM exchange hands on a given day and today's volume is recorded at 2542439.
Shares of TMUS fell by 2.3% or $-0.79/share to $33.49. In the past year, the shares have traded as low as $20.67 and as high as $35.50. On average, 4464030 shares of TMUS exchange hands on a given day and today's volume is recorded at 12045118.
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