Iliad seeks partners to boost bid for T-Mobile

Expecting its $15 billion bid for 56.6% of T-Mobile to be officially rejected by Deutsche Telekom, French telecom company Iliad is seeking partners to help it improve its offer. Those familiar with the plan say that Iliad is hoping that by adding partners, it can raise its bid for T-Mobile above the $33 per share that it offered. The shares are trading above $34 as Wall Street waits for Sprint to officially announce its expected $40 a share acquisition of T-Mobile.



While there had been talk earlier that Deutsche Telekom, the Germany firm that owns 67% of T-Mobile's stock, had already rejected ...



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