SoftBank (SFTBF.PK) has given Sprint (S +0.1%) the go-ahead to begin talks with Dish (DISH...

|About: SoftBank Group (SFTBF)|By:, SA News Editor

SoftBank (SFTBF.PK) has given Sprint (S +0.1%) the go-ahead to begin talks with Dish (DISH +0.2%) "solely for the purpose of clarifying and obtaining further information" from Dish regarding its merger offer. However, Sprint doesn't have approval to "enter into negotiations." The announcement comes shortly after Sprint provisionally scheduled a shareholder meeting to vote on SoftBank's proposal for June 12. (PR) (previous)