[Reuters] Softbank says to buy up to 70 percent of Sprint for $20 billion
- 10/15/12 08:45 AM
NEW YORK/TOKYO (Reuters) - Japanese mobile operator Softbank Corp said it will buy up to 70 percent in Sprint Nextel Corp, the third-largest U.S. carrier, for about $20.1 billion - the most a Japanese firm has spent on an overseas acquisition.