Replying to: Softbank in Talks to Acquire Sprint Nextel by cellphonesaretools
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- ... »
- Re: Sprint reportedly agrees to sell 70 percent stake to Softbank by Trismegistus