Image Source: Wikimedia Commons
Both before and after the deal closes will determine the actual payout. 39 percent of the price will be paid in cash, and 61 percent in T-Mobile stock.
Image Source: Wikimedia Commons
Plum is a wireless wholesaler as well. Ka'ena Corp owned all three businesses, and its co-founders Rizwan Kassim and David Glickman will continue to lead it as a seperate entity.
It is not clear yet how much Reynolds make from the deal, though he is said to own between 20-25% of Mint Mobile.
Reynolds has experience in the business world in addition to performing. He did $600 million deal in 2020, he sold Diageo his Aviation Gin brand.