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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.
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 ...
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 ...
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 ...
News that Japanese mobile provider powerhouse Softbank is pursuing a buyout of Sprint (NYS: S) rocked the American company's stock, sending it higher 14% on the day, to $5.76. This information ...
The merger agreement between Sprint Nextel and Japan's SoftBank has been amended to include an additional $4.5 billion in cash consideration to Sprint shareholders, bringing that total to $16.64 ...
On 15 October 2012, SoftBank announced plans to take control of American Sprint Nextel by purchasing a 70% stake for $20 billion. [50] On 6 July 2013, the United States Federal Communications Commission approved SoftBank's acquisition for $22.2 billion for a 78% ownership interest in Sprint. [51]
Sprint Nextel (NYS: S) has found a Japanese sugar daddy. We've known for a couple of weeks that America's third-largest wireless network provider has been talking to Japanese counterpart Softbank ...