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SoftBank's buying adds $6.7 billion to Sprint's value
2015-09-01 00:06:58| IT Services - Topix.net
New York a SoftBank Group's spree of buying Sprint Corp. stock has boosted the struggling U.S. wireless carrier by 50 percent over the past two weeks, adding $6.7 billion to its market value. As of last Friday, the Japanese company had purchased Sprint shares every day since Aug. 10, increasing its stake to 82 percent, according to a filing with the U.S. Securities & Exchange Commission.
Tags: value
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Category:Information Technology
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