World | Nation | Business

Sprint Shareholders Approve SoftBank Merger

NPR | June 26, 2013 8:13 a.m.

Contributed By:

Wendy Kaufman

SprintNextel ‘s shareholders have approved an offer from Japan’s SoftBank to acquire a majority stake in the U.S. wireless carrier. The deal which is expected to be approved by US regulators could bring more robust competition to the U.S. mobile market.

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