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Author Topic: SoftBank Confirms It Will Acquire 70% Of Sprint For $20.1 Billion  (Read 407 times)
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« on: October 15, 2012, 11:00:03 am »

SoftBank Confirms It Will Acquire 70% Of Sprint For $20.1 Billion

SoftBank, Japan’s third-largest carrier, has this morning announced that it will acquire Sprint in a deal worth $20.1 billion. The company will purchase $8 billion in newly-issues shares from Sprint, in addition to $12.1 billion in existing shares — giving it a 70% stake overall. Both carriers will merge to form a new company, and [...]Related StoriesPatagonia MiniMass Courier: Could be the Most Versatile Bag I’ve Ever Had [Review]This Week’s Must-Have iOS Apps: The Magazine, Taskbox, Recall & More [Roundup]This Hilarious SNL Sketch Puts Your iPhone 5 Complaints In Perspective [Video]Jabra Freeway Bluetooth Speakerphone: Excellent for Chatting, Not So Much for Music [Review]Leaked Screenshots Show Google’s Upcoming Maps App For iOS 6

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