NEW YORK/SAN FRANCISCO: It's this year's biggest technology acquisition and the largest outbound deal in Japan's history. But game-changing, it is not.
Softbank Corp's pricey $20 billion (12 billion pounds) bid to buy control of No. 3 U.S. telecoms company Sprint Nextel Corp marks a bold move by billionaire CEO Masayoshi Son beyond his flagging home market. Some analysts say it hands the U.S. company much-needed firepower to buy peers and build out high-speed networks.
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