MetroPCS promotes T-Mobile deal after advisers pan it

(Reuters) - MetroPCS Communications Inc urged shareholders to support its proposed merger with Deutsche Telekom AG's unit T-Mobile USA after two proxy advisory firms recommended that shareholders vote against it. Proxy advisers Glass Lewis and ISS have backed efforts by two key activist investors to block the deal by recommending that shareholders vote against it at a special meeting on April 12. MetroPCS said in a letter to shareholders on Monday there could be no assurance it would be able to deliver better shareholder value as a stand-alone wireless company. ...

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