Looks like the Sprint/Deutsche Telekom deal might not happen. I am pulling the rip cord and selling for a -14.88% ROI. Yeeks. My orginal post here where I initiated a position.
” … Deutsche Telekom AG Chief Financial Officer Timotheus Hoettges said there’s no need for further consolidation of the U.S. mobile-phone market. …”
Well, DISK’s press release today does not sound good:
“Representatives of Nyx … have requested additional time to finalize its financing for the transaction. Image’s board of directors has indicated its willingness to grant this [...]
Roche’s announcement of a lower offer for the remaining shares of DNA makes me want to abandon this play. They (Roche) are having earnings trouble and in my opinion, this is a last gasp to try and acquire DNA while they still can get financing (and that’s already in question, as I wrote about here). [...]
