T-Mobile to Buy SunCom Wireless For $1.6 Billion and Debt
By Klaus Brune and Stefan Mechnig
Word Count: 382 | Companies Featured in This Article: Deutsche Telekom, SunCom Wireless Holdings
FRANKFURT -- Deutsche Telekom AG said its T-Mobile unit in the U.S. is to acquire all outstanding shares of U.S. mobile-phone company SunCom Wireless Holdings Inc. for $1.6 billion excluding debt.
Deutsche Telekom said it will buy the outstanding shares for $1.6 billion and take over net debt of $800 million. Deutsche Telekom, which is based in Bonn, Germany, said it expects the deal to create synergies of around $1 billion, mainly through the reduction of roaming
SUnCom Wireless (TPC) SEC filings http://livermore.brand.edgar-online.com/?sym=tpc
INSTITUTIONS WHO OWN SHARES OF SUNCOM WIRELESS
|
| DIMENSIONAL FUND ADVISORS INC |
444,630 |
(16,993) |
-3.68 |
$9,781,860 |
0.01 |
0.75 |
06/30/07 |
| CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM |
36,250 |
0 |
0.00 |
$797,500 |
0.00 |
0.06 |
06/30/07 |
| LOEB ARBITRAGE MANAGEMENT INC |
20,550 |
550 |
2.75 |
$452,100 |
0.04 |
0.03 |
06/30/07 |
| AMERIPRISE FINANCIAL INC |
12,314 |
(2,762) |
-18.32 |
$270,908 |
0.00 |
0.02 |
06/30/07 |
| GEDULD E E |
10,000 |
10,000 |
100.00 |
$220,000 |
0.05 |
0.02 |
06/30/07 |
| PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO |
9,830 |
0 |
0.00 |
$216,260 |
0.00 |
0.02 |
06/30/07 |
| GABRIEL CAPITAL CORP |
8,750 |
0 |
0.00 |
$192,500 |
0.15 |
0.01 |
06/30/07 |
| ZACKS INVESTMENT MANAGEMENT |
826 |
(3,473) |
-80.79 |
$18,172 |
0.00 |
0.00 |
06/30/07 |
| WASHINGTON TRUST CO |
500 |
500 |
100.00 |
$11,000 |
0.00 |
0.00 |
06/30/07 |