Glass Lewis urges MetroPCS shareholders vote down T-Mobile USA deal

NEW YORK (Reuters) - Proxy advisor Glass Lewis on Friday became the second firm to suggest that MetroPCS Communications Inc shareholders vote against its proposed merger with T-Mobile USA, adding pressure on Deutsche Telekom AG to offer a sweeter deal. The advisory follows a recommendation by larger proxy firm ISS late on Wednesday night that shareholders should vote against the deal with T-Mobile USA, the U.S. business of Deutsche Telekom. A smaller advisory firm, Egan Jones, had recommended its clients vote in favor of the transaction. ...

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