Deals
SoftBank’s Clearance for Sprint Deal Confirmed by U.S. Officials
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SoftBank Corp. cleared a U.S. security review of its proposed $20.1 billion purchase of Sprint Nextel Corp., the Justice Department said, confirming a statement from the companies.
The department said it had “no objection” to the deal in a letter posted today on the Federal Communications Commission’s website. The FCC is the final U.S. agency reviewing the bid.