SoftBank is reportedly making another run at T-Mobile - and T-Mobile is up 4%
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T-Mobile's stock is up 4% on the news.
This would be the second time Softbank has made an effort to acquire T-Mobile.
It explored the idea in 2014, only to back down after telecom regulators made it clear they would block any acquisition of the fourth-largest US carrier.
In 2011, AT&T struck a $39 billion deal to acquire T-Mobile, but walked away after US regulators threatened to block it.
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