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Sprint, T-Mobile close to agreeing on price, breakup fee in T-Mobile acquisition: report

    (Reuters) - Sprint Corp is nearing an agreement on terms such as price and termination fee in a deal to acquire T-Mobile US Inc , Bloomberg reported citing people with knowledge of the matter.

    Under the agreement, which could be announced next month, Sprint will offer about 50 percent stock and 50 percent cash for T-Mobile, leaving parent Deutsche Telekom AG with about a 15 percent stake in the combined company, Bloomberg reported.

    (Reporting by San Francisco newsroom)

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