T-Mobile CEO John Legere strikes a rather populist tone compared to your typical businessperson and now he’s going after “greedy hedge funds” who are allegedly trying to block his company’s merger with MetroPCS (
PCS). Per
Bloomberg, Legere this week expressed confidence that
MetroPCS shareholders would vote in favor of merging with T-Mobile “despite the greedy hedge funds that are trying to take a double-dip out of that process.” Legere went onto explain that big hedge funds who own large stakes in companies typically make a lot of noise during acquisitions because they want “to get more money” through empty sabre rattling. Legere also made headlines this week when he described rival carrier
AT&T’s (
T) mobile plans as “
the biggest crock of s—” he’s ever seen.
