World | Technology | Business

SoftBank Moves Closer To 78 Percent Stake In Sprint

NPR | July 4, 2013 6:48 a.m. | Updated: July 4, 2013 9:03 a.m.

Contributed By:

Wendy Kaufman

SoftBank’s acquisition of a majority stake in Sprint Nextel appears to have cleared a final hurdle. The FCC reportedly approved the deal on Wednesday. Regulatory approval is the last step before the mega deal can be completed.

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