Global Market Reports

US newspaper round-up: Sprint Nextel, Boeing, Bumi...

Date: Monday 15 Oct 2012

The struggling cellphone service provider Sprint Nextel has agreed to sell 70 percent of itself to SoftBank of Japan for $20.1 billion, its boldest move yet to revive its fortunes. In a statement on Monday, SoftBank, a big Japanese telecommunications company, said it would pay $8 billion to buy newly issued...

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