TMT Finance is said to be reporting that T-Mobile (TMUS) and TPG (TPG) are working on a bid to acquire Uniti Group (UNIT), trading contacts tell The Fly. Shares of Uniti are up 59c, or 7%, to $8.69 ahead of the close.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNIT:
- Uniti Group price target raised to $9 from $8.80 at Citi
- Uniti Group: Strong 4Q25 Beat, Upgraded 2026 Outlook, and Expanding Fiber Infrastructure Pipeline Drive Buy Rating
- Uniti Group Bets Big on Fiber in Earnings Call
- Midday Fly By: Markets bounce back following U.S.-Israeli attacks on Iran
- Uniti Group reports Q4 EPS ($1.19), consensus (36c)