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Sunday, October 14, 2012

Engadget: CNBC: Softbank to pay $20 billion for a 70 percent stake in Sprint

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Engadget
Engadget
CNBC: Softbank to pay $20 billion for a 70 percent stake in Sprint
Oct 14th 2012, 21:25

Rumors of Sprint's $12 billion acquisition by Softbank weren't exaggerated, they were understated: according to CNBC, the Now Network will announce a $20 billion transaction with the Japanese network on Monday, granting Softbank a 70 percent stake in the company.

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CNBC: Softbank to pay $20 billion for a 70 percent stake in Sprint originally appeared on Engadget on Sun, 14 Oct 2012 17:25:00 EDT. Please see our terms for use of feeds.

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Written by Hasloo Network staff.