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DOJ clears Softbank's acquisition of Sprint Nextel

2013-06-10 14:02:57| InfoWorld: Top News

The U.S. Department of Justice said Friday it has no objection to Softbank acquiring Sprint Nextel, a decision that clears the way for the Federal Communications Commission to rule on the deal. In January, the Justice Department, including the Federal Bureau of Investigation, asked the FCC to defer action on the proposed buyout so it could further study the deal. The Department of Homeland Security joined in on the request.

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