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Friday, August 1, 2014

Deals of the day- Mergers and acquisitions, (NYSE: TMUS)

The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Friday: ** French telecoms company Iliad has lined up financing for its $15 billion bid for 56.6 percent of T-Mobile US from BNP Paribas and HSBC, three people familiar with the matter said.** Glencore Plc said it received $7 billion from the sale of one of the world's largest copper projects, the Las Bambas mine in Peru, and is expected to return at least half the cash to its shareholders.

Shares of TMUS traded higher by 1.15% or $0.38/share to $33.32. In the past year, the shares have traded as low as $22.95 and as high as $35.50. On average, 4138450 shares of TMUS exchange hands on a given day and today's volume is recorded at 2078459.



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