WSJ Calls Softbank/Sprint (S) Talks "Advanced"
Tweet
Share
E-mailGet Alerts S Hot Sheet
Join SI Premium – FREE
A new Wall Street Journal report is giving more credence to earlier reports from Nikkei that Japan's Softbank is in talks to acquire Sprint (NYSE: S).
The Journal is calling the talks "advanced" and said a deal is expected to exceed 1 trillion yen, or $12.81 billion.
While higher, shares of Sprint are off the highs of the session. Shares last traded at $5.60, up 11%.
The Journal is calling the talks "advanced" and said a deal is expected to exceed 1 trillion yen, or $12.81 billion.
While higher, shares of Sprint are off the highs of the session. Shares last traded at $5.60, up 11%.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Voya Financial Fielded Takeover Interest In Recent Weeks - Semafor
- eBay stock falls after GameStop CEO comments on potential deal
- Truecaller to acquire US-based TextPlus for $15 million
Create E-mail Alert Related Categories
Mergers and Acquisitions, Rumors, Trading HaltsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
