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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 ...
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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.
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 ...
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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 ...
On 14 January 2018, Softbank's Vision Fund announced to invest $560 million in the German used-car sales portal Auto1. [96] On 1 March 2018, Softbank's Vision Fund led a $535 million investment in DoorDash. [97] In May 2018, CEO Masayoshi Son revealed during an earnings presentation that Walmart had reached a deal to buy Flipkart. [98]