Softbank Corporation
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Softbank Corp. President Masayoshi Son and Sprint Nextel Corp. CEO Dan Hesse have reached a deal in which the Japanese mobile carrier will acquire 78 percent of U.S.-based Sprint for $21.6 billion.
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Softbank Corp. President Masayoshi Son (left) and Sprint Nextel Corp. Chief Executive Dan Hesse shake hands Monday after a deal was reached for Softbank to acquire 70 percent of Sprint for $20.1 billion in the largest ever foreign acquisition by a Japanese company. (Associated Press)
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Softbank Corp. President Masayoshi Son (left) and Sprint Nextel Corp. Chief Executive Dan Hesse shake hands during their joint press conference in Tokyo on Monday, Oct. 15, 2012. Tokyo-based mobile carrier Softbank has reached a deal with Sprint to acquire 70 percent of the U.S. wireless company for $20.1 billion in the largest-ever foreign acquisition by a Japanese company. (AP Photo/Koji Sasahara)
