Free, France’s T-Mobile, Wants To Acquire T-Mobile For $15 Billion

By Romain Dillet

Xavier Niel

France’s disruptive telecom company Free just announced that it wanted to acquire T-Mobile US. The WSJ first broke the story. Free then confirmed the bid in a press release. Free (also known as Iliad) offers $15 billion in cash for 56.6 percent of the American company at $33 per share. Overall, Free says that it values T-Mobile at a 42 percent premium compared to T-Mobile’s share… Read More

Source: Technology