Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action news and analysis.

Good afternoon. Today is Tuesday, May 28th, and I'm your host, Kim Khan. Our top story so far.

Rather than merger Monday, it's takeover Tuesday. Coming off the market holiday, deals are dominating the headlines.

T-Mobile will acquire substantially all of U.S.

Cellular's wireless operations, including U.S. cellular's wireless customers and stores,

as well as certain specified Spectrum assets for about 4.4 billion dollars.

The deal was a combination of cash and up to 2 billion of debt to be assumed by T-Mobile

through an exchange offer to be made to certain U.S. cellular debt holders prior to closing.

The announcement comes weeks after Telecom Major's T-Mobile U.S. and Verizon were said to be in talks

for separate transactions that would split up U.S. cellular, one of the country's

last major regional wireless carriers.

Energy Transfer agreed to acquire W.T.G. midstream holdings from affiliates of Diamondback Energy, Stone Peak, and the Davis Estate

for about $3.25 billion, split between $2.45 billion in cash and 50.8 million newly issued

energy transfer common units.

W.T.G. 6,000-mile pipeline network serves significant operators in some of the most active areas of the Midland Basin.

Also in the sector,

Atlantica sustainable infrastructure agreed to be acquired by

energy capital partners for 22 per share in cash,

a deal that would take Atlantica private and values the company at about 2.55 billion dollars.

The purchase price represents an 18.9% premium to the closing share price on April 22nd,

the last trading day prior to the emergence of market rumors regarding

a potential acquisition, but a 6% discount to Friday's closing price.

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