Tong Zhang
(Senior Editor)
10/12/12 01:48 PM
Sprint Confirms Discussions with Softbank on a Possible Transaction

Sprint today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint. Here's more from today's statement:

Although there can be no assurances that these discussions will result in any transaction or on what terms any transaction may occur, such a transaction could involve a change of control of Sprint. Sprint does not intend to comment further unless and until an agreement is reached.












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