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SoftBank Said to Enter Direct Talks on Sprint-T-Mobile Deal

SoftBank Corp., which is seeking to combine its Sprint Corp. unit with T-Mobile US Inc., has entered direct talks with T-Mobile’s owner Deutsche Telekom AG to resolve obstacles to a potential deal, people with knowledge of the matter said.

While SoftBank has assurances from banks that financing for a deal will be available, an agreement could still take months to reach, one of the people said, asking not to be identified as the information is private. Unresolved issues include how much cash and stock SoftBank will pay for Deutsche Telekom’s 67 percent stake in T-Mobile, and how Sprint and T-Mobile will be integrated, two people said.