United States

Judge approves $26 billion merger of T-Mobile and Sprint

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.SUBSCRIBEFeb. 11, 2020, 1:34 PM UTC / Source: CNBC.comBy Lauren Feiner, CNBCShares of Sprint soared Tuesday after a U.S. District judge ruled in favor of its deal to merge with T-Mobile.The stock was up 64 percent in premarket trading. It had risen after hours Monday after The Wall Street Journal reported the judge was expected to rule in favor of the deal. Shares of T-Mobile were up more than 7 percent before markets opened.The ruling clears one of the final hurdles for the deal, which still can’t close until the California Public Utilities Commission approves the transaction.Attorneys general from New York, Cali ...