Inspired or risky, SoftBank Corp.’s $20.1 billion plan to buy 70 percent of Sprint Nextel Corp. is quite a piece of financial engineering.
The end result is that SoftBank will inject $8.0 billion of new capital to strengthen Sprint’s balance sheet, and will pay a further $12.1 billion to buy existing Sprint shares.
Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.
We also solicit original full-length posts and accept some unsolicited submissions.
Voices is edited by Beth Callaghan.
