French telecom company Iliad made a surprise bid for T-Mobile US late last week after months of rumors that Sprint and T-Mobile would be getting hitched. Iliad offered $15 billion for a 56.6% stake in T-Mobile, but now the Wall Street Journal is reporting that T-Mobile isn't even willing to entertain that deal and has opted not to give Iliad access to its financial data.
As a part of any business deal of this magnitude, it's normal for the buyer to get a look at the books to make sure everything is in order.
T-Mobile Reportedly Considers Iliad's Buyout Offer 'Dead On Arrival' was written by the awesome team at Android Police.
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