SoftBank's acquisition of a majority stake in Sprint Nextel appears to have cleared a final hurdle. The FCC reportedly approved the deal on Wednesday. Regulatory approval is the last step before the mega deal can be completed.
Source: http://www.npr.org/2013/07/04/198597965/softbank-moves-closer-to-78-percent-stake-in-sprint?ft=1&f=1019
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