T-Mobile US deal for Ryan Reynold's-backed Mint Mobile under DOJ review - report
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T-Mobile's planned purchase of Mint Mobile, which is backed by actor Ryan Reynolds, is said to be under review by the Dept. of Justice, which is considering a potential lawsuit to block the $1.35 billion deal for the budget wireless brand.
The DOJ's antitrust division is looking closely at the transaction as the regulator is concerned that an acquisition could increase prices for wireless customers, according to a NYPost report, which cited unidentified sources.
Reynolds is the face of Mint Mobile, appearing in its ads since 2019, and owns about a fourth of the company, according to media reports.
T-Mobile US (NASDAQ:TMUS) announced a month ago a deal to acquire Ka'ena and its subsidiaries and brands, including Mint Mobile, for a payment of up to a maximum of $1.35 billion in a combination of cash and stock. 

T-Mobile (TMUS) was forced to sell prepaid wireless brand Boost Mobile to Dish (DISH) for $1.4 billion as part of antitrust regulators conditions for approving its $26.5 billion purchase of Sprint in July 2020.