Sources close to the deal told Fortune Wednesday that Reynolds owns around 25 percent of the Mint Mobile, which would make his share of the sale around $300 million.
T-Mobile CEO Mike Sievert said the telecom giant would use its size and resources to "supercharge" Mint, which is best known for ads starring the actor who is part owner of the smaller company.
Mint Mobile, partly owned by Canadian actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion.
KUOW - T-Mobile buys Ryan Reynolds Mint Mobile in a $1 35 billion deal kuow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuow.org Daily Mail and Mail on Sunday newspapers.