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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.
TOKYO (Reuters) -SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate's shares up 5%. Masayoshi ...
Sprint Confirms Discussions with Softbank on a Possible Transaction OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Sprint (NYS: S) today confirmed that it is currently engaged in discussions with ...
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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 ...
One of the smartest investments this year is the acquisition of more than 80% of Sprint , the third-largest carrier in the U.S., by Japanese carrier Softbank, led by Japan's third-richest person ...
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Sprint and SoftBank Announce Completion of State Regulatory Review of Proposed Transaction OVERLAND PARK, Kan. & TOKYO--(BUSINESS WIRE)-- Sprint (NYS: S) and SoftBank (TSE: 9984) announced today ...