Sprint and SoftBank Announce Completion of Merger
July 10, 2013 at 18:06 PM EDT
Sprint Nextel Corporation (NYSE: S ) (“Sprint”) and SoftBank Corp. (TSE: 9984) (“SoftBank”) today announced the completion of their merger whereby SoftBank has invested approximately $21.6 billion in Sprint, consisting of approximately $16.6 billion to be distributed to Sprint stockholders and an aggregate $5 billion of new capital ($1.9
