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Business deals

New York drops fight against T-Mobile-Sprint merger

The proposed merger between Sprint and T-Mobile US had won support recently from the U.S. federal judge.   © Reuters

NEW YORK (Reuters) -- New York on Sunday dropped its fight against the $40 billion merger of U.S. wireless carriers T-Mobile US Inc and Sprint Corp, saying the state would not appeal a judge's approval of the deal.

New York Attorney General Letitia James said her office would end the court challenge to the 2018 merger agreement between the third- and fourth-largest U.S. wireless carriers.

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