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Sprint's Stock Up 75%, Judge Approves T-Mobile Merger

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Sprint's Stock Up 75%, Judge Approves T-Mobile Merger

Sprint's Stock Up 75%, Judge Approves T-Mobile Merger

New York (CNN Business) The $26 billion merger between T-Mobile and Sprint is reportedly one step closer thanks to a powerful nod of approval.

A federal judge will rule in favor of the marriage allowing the two telecom giants to combine, the Wall Street Journal reported.

News of the potential green light sent Sprint's stock up a stunning 64% in premarket trading.

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