Friday 22 November 2013

Third Point LLC invests $1 billion in Softbank

U.S. investment firm Third Point LLC has acquired SoftBank Corp. shares worth over $1 billion, a Third Point spokesman said Thursday.
The investment followed the carrier's acquisition of U.S. peer Sprint Nextel Corp. in July. Sprint Nextel was renamed Sprint Corp. after the acquisition.
Source: NewsOnJapan

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