T-Mobile/Sprint merger is in danger of being rejected by DOJ

Enlarge / T-Mobile CEO John Legere (left) and then-Sprint CEO Marcelo Claure during an interview on the floor of the New York Stock Exchange on April 30, 2018. (credit: Getty Images | Bloomberg)
T-Mobile US and Sprint are facing potential rejection of their proposed merger at the US Department of Justice.
DOJ staffers 'have told T-Mobile US and Sprint that their planned merger is unlikely to be approved as currently structured,' The Wall Street Journal reported today, citing people familiar with the matter.
'In a meeting earlier this month, Justice Department staff members laid out their concerns with the all-stock deal and questioned the companies' arguments that the combination would produce important efficiencies for the merged firm,' the Journal wrote.
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