Law firm K&L Gates has looked...
Law firm K&L Gates has looked more closely at who owns Sprint Nextel common stock and determined that at least 75 percent is owned by U.S. shareholders. Sprint filed a report by the firm (http://bit.ly/16Bw27P) as part of the docket…
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on the Sprint/SoftBank transaction. Japan’s SoftBank hopes to buy 70 percent of Sprint for $20 billion, but the FCC and other regulators must sign off on the transaction. Friday was day 126 of the FCC’s review of the deal.