Rumors surrounding an acquisition of Sprint by Japanese carrier SoftBank originated on October 11th, 2012, and it wasn't long before the massive $20.1 billion takeover attempt was confirmed. The agreement gives SoftBank a 70-percent stake in Sprint, granting the company full control over America's third-place carrier and a highly-visible presence in the US. Both companies expect the acquisition to close in 2013.
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Dish Network attempts $25.5 billion Sprint merger
Proposed deal would create a single network for mobile, broadband, and TV
Oct 22, 2012
Meet Masayoshi Son, the fascinating Japanese CEO who just bet $20 billion on Sprint
The 'Japanese Bill Gates' has a reputation for thinking big