Judge approves $26 billion merger of T-Mobile and Sprint

Sprint soars after judge approves its $26 billion merger with T-Mobile

A U.S. District judge ruled in favor of Sprint's $26 billion deal to merge with T-Mobile.

The ruling clears one of the final hurdles for the deal, which still can't close until the California Public Utilities Commission approves the transaction. T-Mobile CEO John Legere and Sprint CEO Marcelo Claure pose for pictures on the floor of the New York Stock Exchange April 30, 2018.

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