Softbank to pay $20 bil. to acquire 70% of Sprint Nextel
TOKYO, Japan - Softbank Corp. Chairman and Chief Executive Officer Masayoshi Son (R) and Sprint Nextel Corp. Chief Executive Officer Dan Hesse attend a news conference in Tokyo on Oct. 15, 2012. Softbank said the same day it will pay $20.1 billion to acquire a 70 percent stake in major U.S. cellular phone company Sprint Nextel in what will be one of the largest overseas acquisitions by a Japanese firm and creates the world's third-largest cellphone carrier by sales.
- Product Code
- ILEA001175755
- Registered date
- 2012/10/15 00:00:00
- Credit
- Kyodo / Kyodo News Images
- Media source
- 2012 Kyodo News
- Media size
- 3607 × 2806 pixel
- Deployment size
- 723.64(KB)*
*File size when opened in Photoshop, etc.