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SoftBank Increases Sprint Stake

2015-08-13 08:34:38| IT Services - Topix.net

SoftBank Group Corp. has been buying up shares of Sprint Corp., a show of confidence that Sprint's Japanese parent is a believer in the struggling carrier's latest turnaround plan. SoftBank said Wednesday it had bought 22.9 million shares at a weighted average price of $3.80, or about $86.9 million.

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