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Corporate

Jun. 26, 2013

Softbank nears record Sprint acquisition

Tokyo-based telecommunications company Softbank Corp. appears primed to take a majority stake in Sprint after Dish Network Corp. said last week it's left the bidding war to acquire the United States' No. 3 carrier.


By Andrew McIntyre


Daily Journal Staff Writer


Morrison & Foerster LLP client Softbank Corp. appears primed to take a majority stake in Sprint Nextel Corp. after Dish Network Corp. said last week it withdrew from the bidding war to acquire the United States' No. 3 carrier.


With Dish out of the hunt for Sprint, Tokyo-based telecommunications company Softbank's latest offer to pay $21.6 billion for 78 percent of the Overland Park, Kan...

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