Softbank Put Forth A Bid To Universal Music

Financial Times has reported about the offer of $8.5 billion to Universal Music Group, put forth by the Japanese Wireless carrier. But it was alleged that Vivendi, the owner of world’s largest music group, rejected the offer inspite of its premiums. Financial Times also reported that the offer which was made is not dependent on the result of Softbank’s bid …

Softbank Clinches $21.6 Billion Deal To Merge With Sprint

Late last year, Softbank, the Japanese Carrier was reported to be purchasing two-thirds of Sprint. Softbank has, now, officially completed a $21.6 billion deal to take over Sprint, giving it about 78 percent ownership of the new Sprint. In a statement to the media, Softbank Said, “We have purchased approximately 72 percent of Sprint shares for $7.65 per share in cash, while …