Sprint shares drop on T-Mobile deal worry

(Reuters) - Shares of Sprint Corp fell 13 percent on Monday after the telecom company agreed to a $26 billion all-stock deal with rival T-Mobile US Inc that faces antitrust hurdles and is seen as less favorable than an earlier offer, analysts said. Sprint's shares had gained 27 percent since April 10 following media reports that the companies restarted deal talks.

The stock was down at $5.65 in morning New York Stock Exchange trade.In situations where there is risk that a deal will not win regulatory approval, stocks trade at a discount of 10.....

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