Monday, October 15, 2012

Why Sprint's Softbank Deal Is Good for Yahoo!

NEW YORK (TheStreet) -- SoftBank (SFTBY:OTC) just dropped $20 billion to buy control ofSprint Nextel (S).

One of the implications of this deal, some observers have concluded, is that SoftBank will now no longer be able to do a deal to buy back Yahoo!'s (YHOO) stake in Yahoo! Japan, which SoftBank also controls.
Not so fast. There are several ways the Sprint deal could be good for Yahoo! shareholders.

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