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The second-largest US mobile service provider has been in talks with Mint Mobile, said the people, who asked to not be identified because the matter isn't public. No final decision has been made and closely held Mint Mobile could opt to remain independent or sell to another party, the people added.
Reynolds owns about one-fourth of the company, one of the people said.
Despite the decline in markets in 2022, investors are looking ahead, and many see a relatively attractive climate if investors can think long term rather than be caught up in the moment. Individual pockets of the market could do well despite the larger economic malaise and could set up investors, as opposed to short-term traders, for years to come.
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