Tripartite national security deal


BANGALORE: Sprint Nextel Corp and Japan’s SoftBank Corp have entered into an agreement with US authorities on the national security aspects of the Japanese company’s pending US$20.1bil deal to win control of the wireless carrier.

The companies said they had received notice from the Committee on Foreign Investment saying that it had completed its review of the proposed deal and that there were no unresolved national security issues. — Reuters

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Business , Sprint Nextel , Softbank

   

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