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U.S.: Softbank’s Sprint bid escapes extended regulator review

By  |  October 17, 2012
U.S.: Softbank’s Sprint bid escapes extended regulator review

Sprint Nextel Corp., a telecommunications and technology company will complete a review of the company’s agreement to sell a majority stake to Softbank Corp. within an initial 30-day period and won’t warrant an extended investigation. Sprint has said it expects the deal to win all regulatory approvals required by mid-2013 when it expects to close the transaction.

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