NY Post Reports Iliad Speaking to Google, Microsoft About Funding T-Mobile Bid
France's Iliad (OTC: ILIAY), which offered $33 per share for a 57% stake in T-Mobile (NYSE: TMUS) on July 31, is reportedly in talks with Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) regarding an increased bid, according to the NY Post. Iliad's original bid was rejected by T-Mobile and shares of the fourth-largest U.S. carrier have fallen from the high on August 5 of $34.95 to Tuesday's closing price of $28.95.
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