Softbank's Lawyer on U.S. Review of Sprint Deal
Nov. 6 (Bloomberg) -- Robert Townsend, co-chair of the Global Mergers & Acquisitions Practice Group at Morrison & Foerster LLP, talks about national security implications of Softbank Corp.'s $20.1 billion takeover of Sprint Nextel Corp. Townsend, speaking with Bloomberg Law's Spencer Mazyck, also discusses driving forces behind the recent surge of outbound Japanese M&A activity.
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Algeria Says Saudi Is Open to Output Cut
13:05 - Looks like there could be an end in sight to the global oil glut. Algiers Energy Minister declared Saudi Arabia is willing to cut production and major oil producing nations are meeting in Algeria this week with hopes they will agree to a freeze on output. Bloomberg's Juliette Saly reports on "Daybreak Asia." (Source: Bloomberg)