Ron Burgundy Posted July 5, 2013 Share Posted July 5, 2013 WASHINGTON (Reuters) - The Federal Communications Commission on Friday announced its official approval of two related deals by Sprint Nextel Corp, SoftBank Corp and Clearwire Corp. The regulatory approval was the last hurdle for SoftBank's $21.6 billion bid to buy 78 percent of Sprint, the No. 3 U.S. wireless provider. Sprint's bid to buy out the portion of wireless company Clearwire that it doesn't already own faces a vote by minority shareholders on July 8. "Today is a good day for all Americans who use mobile broadband services," FCC's Acting Chairwoman Mignon Clyburn said in a statement. ... View the full article Quote Link to comment Share on other sites More sharing options...
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