Friday, September 07, 2007

The MetroPCS Leap of Faith ... on hold (for now)

Leap Wireless is reviewing the $5 billion takeover offer from MetroPCS.

Can you imagine this meeting...everybody sitting around a conference table wearing their most serious "I'm a wheeler-dealer-in-the-wireless-industry" grin.

"So, $5 billion...hmmm...let me think about it for a few days...long enough. We're in!"
Actually, the market's reaction to Metro's offer was positive, and I think the folks at Leap are waiting around to get a new and improved offer from Metro.

But you know this deal is going to happen. (CNN

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