Iliad to increase offer to buy T-Mobile, sets deadline for end of October

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Following up on an earlier bid from July that was promptly shot down, French telecom Iliad is set to take another swing at buying T-Mobile. Rather than sweetening the price, which T-Mobile saw as too low last time around, Iliad is in discussions to simply increase the share of the company it's willing to buy. Previous deals were structured to buy up just 56.6 percent of T-Mobile, but this new deal in the works is set to be much larger.

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