SoftBank

SoftBank buys 70% stake in Sprint

SoftBank buys 70% stake in Sprint Michael J. De La Merced and Neil Gough, in The New York Times: In a statement on Monday, SoftBank, a big Japanese telecommunications company, said it would pay $8 billion to buy newly issued Sprint stock worth about $5.25 a share. It will then pay $12.1 billion to …