Sprint Confirms Talks With Japanese Wireless Carrier Softbank Corp

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http://techcrunch.com – Sprint has confirmed that it is, in fact, in talks with Japanese mobile carrier Softbank. The news leaked earlier today that Softbank may be making a $12.8 billion investment in Sprint, which “could involve a change of control of Sprint,” according to the official statement. Here’s the official word from Sprint: Sprint (NYSE: S) today confirmed that it is currently engaged in discussions with Softbank regarding a potential substantial investment by Softbank in Sprint. Although there can be no assurances that these discussions will result in any transaction or on what terms an (IT news)