Leap Wireless jumps on takeover bid
Shares of Leap Wireless International Inc jumped more than 14 percent to $83 before the bell on Tuesday after rival wireless service provider MetroPCS Communications Inc proposed buying Leap.
Shares of MetroPCS, which said a deal would create the fifth largest national wireless carrier, gained 10 percent to $30 in electronic trade.
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick