US Cellular (USM) Soars 231% in a Year: Will the Trend Last?

Key Picks T-Mobile will pay an aggregate of $4.4 billion to U.S. Cellular, including a combination of cash and up to approximately$2 billion of assumed debt. The transaction is likely to close midway next year, subject to the fulfillment of mandatory closing conditions and other regulatory approvals. Telephone and Data Systems, which boasts about 83% ownership stake in U.S. Cellular, has unanimously agreed to the deal to help unlock significant value for its wireless customers and shareholders. Shares of U ...