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Sprint shares rise on new Softbank investment

August 14, 2015

NEW YORK— Shares of wireless provider Sprint Corp. jumped 4 percent in premarket trading after Softbank, a Japanese telecommunications and Internet-services company, said it took an additional $87 million stake in the company. Softbank brought 22.8 million additional shares between Monday and Wednesday for $87 million. Shares of Sprint rose 16 cents, or 4.1...

Source: http://www.cnbc.com/2015/08/13/the-associated-press-sprint-shares-rise-on-new-softbank-investment.html
 
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