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The new BCA gives an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint's owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank's effective ratio of 11.31 shares per T-Mobile share.
SoftBank Corporation, its spun-out affiliate and former flagship business, is the third-largest wireless carrier in Japan, with 45.621 million subscribers as of March 2021. [26] SoftBank was ranked in the 2024 Forbes Global 2000 list as the 461st largest public company in the world. [27]
From 2008 to 2016, Sprint Corporation was the major title sponsor of NASCAR's top racing series, formerly called the NEXTEL Cup, which became known as the Sprint Cup Series on February 9, 2008. [147] Since then, Sprint signed a contract extension with NASCAR to continue sponsoring the series through the 2016 season. [148]
Jamie Squire/Getty Images By Carey Gillam OVERLAND PARK, Kan. -- Sprint shareholders have voted in favor of a sweetened takeover offer from SoftBank, ending a contentious takeover battle for the ...
SoftBank to Acquire 70% Stake in Sprint Sprint Stockholders to Receive Total Consideration of $12.1 Billion in Cash and 30% Ownership in Newly Capitalized Sprint Transaction Provides Sprint with ...
The Securities and Exchange Commission has signed off on SoftBank's paperwork regarding its proposal to buy a substantial portion of Sprint Nextel , SoftBank announced yesterday. This means Sprint ...
The High Limit Racing series, currently known as the Kubota High Limit Racing Series for sponsorship reasons, is an American touring sprint car racing series. It was founded in 2022 by five-time World of Outlaws sprint car series champion Brad Sweet and former NASCAR Cup Series champion Kyle Larson .
In a recent filing with the SEC, Sprint Nextel (NYS: S) has laid out the procedure by which the Japanese mobile operator SoftBank will acquire its 70% slice of Sprint. SoftBank has already created ...