MetroPCS Chairman Selling Shares

Before you go, we thought you'd like these...
Before you go close icon

MetroPCS chairman and CEO Roger Linquist has disposed of 100,000 shares of his company's stock that he controls either directly or indirectly, according to a filing made with the Securities and Exchange Commission on Tuesday.

Lindquist sold the shares on February 15.

MetroPCS is waiting for the finalization of a deal by which it will be taken over by Deutsche Telekom, and combined with that company's T-Mobile USA unit.


Since that deal was announced last October, MetroPCS' stock price has declined approximately 25% from a high of around $13.50. Lindquist sold his shares for around $10.37.

The article MetroPCS Chairman Selling Shares originally appeared on Fool.com.

Fool contributor Dan Radovskyhas no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners