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Wireless

Sprint, SoftBank announce preliminary cash, stock elections

Monday 8 July 2013 | 15:11 CET | News
Sprint Nextel and SoftBank have announced preliminary results of elections made by Sprint shareholders regarding their preferences as to the form of merger consideration they receive in connection with the pending transaction between Sprint and SoftBank. The deadline for Sprint shareholders to have made elections in connection with the transaction was 5:00 p.m., New York time on 5 July 2013. Of the 3,026,063,027 shares of Sprint common stock outstanding as of 5 July 2013, holders of: 79,708,999 shares, or approximately 3 percent of outstanding shares, elected to receive shares of Sprint (New

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Categories: Mobile & Wireless
Companies: Nextel / Softbank / Sprint / Sprint Nextel
Countries: World
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