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Shares of SoftBank (SFTBF.PK) take a hit in early Japanese trading today, -16% after confirming...

  • Thursday, October 11, 2012, 9:13 PM ET
    Shares of SoftBank (SFTBF.PK) take a hit in early Japanese trading today, -16% after confirming it's in talks with Sprint (S) about making a substantial investment. No price was given in the statement, though rumors have Softbank looking at a 70% ownership stake in a deal worth about $12.8B.
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