Sprint and T-Mobile File AGs on Merger Disruption Report – Sprint Corporation (NYSE: S)



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Sprint (NYSE: S) has dropped 2.2%and T-Mobile (NASDAQ: TMUS) dropped to a 0.7% lossAccording to Reuters, at least 10 state attorneys general are preparing to take legal action to stop the $ 26 billion merger proposed by wireless operators.

This lawsuit could come as early as today, according to Reuters.

According to the report, the Attorney General of the State of New York is in charge of the lawsuit and will hold a press conference this afternoon.

This comes in parallel with a Fox Business report that a final DOJ decision on the merger could be made this week.

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