Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account – CNN’s Allen Kim contributed to this report. The deal is expected to close later this year, with the final price dependent on Ka’ena’s performance. “Over the long-term, we’ll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile.” wrote Sievert. The brand’s two founders will also stay on to manage what “will generally operate as a separate business unit,” according to the release. CEO Mike Sievert assured customers that Mint’s $15 per month pricing plan would stay in place in a YouTube video Wednesday featuring Reynolds. T-Mobile hopes to boost its own prepaid services with the acquisition of Mint Mobile. In his 2019 statement, Reynolds said he was “excited to champion a more practical approach to the most essential technology.” Mint Mobile was created in 2016 with the goal of delivering an “affordable, premium wireless” service direct to consumers, according to its website. “Celebrities generally invest in high-end products like skincare brands or delicious gin companies,” he said. When Reynolds bought a stake in Mint, he called the decision “a bit unconventional” in a statement at the time. ![]() “Life is strange and I’m incredibly proud and grateful.” Hollywood star Ryan Reynolds is set to make over 280 million after the sale of Mint Mobile. “I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile,” Reynolds wrote on Twitter Wednesday. Reynolds, who purchased a minority ownership stake in Mint Mobile in 2019, will stay on in his “creative role on behalf of Mint,” where he serves as a spokesperson, according to a press release announcing the deal. The acquisition of Mint Mobile’s parent Ka’ena Corporation will also include Ultra Mobile, an international calling service, and wireless wholesaler Plum. Mint Mobile is the best deal in wireless and today’s news only enhances our ability to. ![]() Credit: Getty Images Reynolds, who owns an undisclosed but significant stake in Mint, will continue to make commercial. Ryan Reynolds revealed that T-Mobile will acquire his phone company, Mint Mobile, for 1.35 billion. T-Mobile announced Wednesday that it’s buying budget wireless provider Mint Mobile in a larger deal for up to $1.35 billion. Ryan Reynolds holds a significant stake in the company. Ryan Reynolds is about to have a nice payday.
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