Softbank in Talks to Acquire Sprint Nextel
http://online.wsj.com/article/SB10000872396390444799 ... »
Both companies' respective boards have approved the deal, which is expected to be announced tomorrow, sources tell CNBC. Under the deal, Softbank will buy $8 billion in stock directly from Sprint, with another $12 billion purchased from existing stockholders.
http://news.cnet.com/8301-1035_3-57532094-94/sprint- ... »