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              Japan’s Softbank Corp. will buy a 70 percent stake in Sprint Nextel Corp. for $20 billion, CNBC
reported, citing unidentified people familiar with the transaction.Photographer: Kiyoshi Ota/Bloomberg

Japan’s Softbank Corp. will buy a 70 percent stake in Sprint Nextel Corp. for $20 billion, CNBC reported, citing unidentified people familiar with the transaction.Photographer: Kiyoshi Ota/Bloomberg

October 15, 2012
Article
Japan Inc. Poised for Record Outbound M&A Year With Softbank Bid
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