Leap Wireless International (NASDAQ:LEAP): Current price $7.12
Back in August, the Guggenheim Securities analyst Shing Yin predicted that there was a 70-percent probability that a combined MetroPCS Communications and T-Mobile USA would bid for Leap, subsequent to their merger completion, and that such a deal would “make sense.” Since then, Leap shares have soared after six straight years of declines. Meanwhile, MetroPCS had leaked in a November 16th filing that it previously discussed a transaction with a third party.
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