The acquisition is complete. Softbank swallows Sprint.

[HeyCori]

Technically still waiting for FCC approval but it's pretty much a done deal.

Softbank's $21.6 billion acquisition of Sprint is complete

 

[Mystictrust]

The FCC approved it last week. It *is* a done deal. I don't think they would have been able to merge at all without the approval first anyway

FCC clears the way for unification of Sprint, Softbank and Clearwire

 

[mrmdj31675]

Swallow is not the best way to describe the sale of stock since it's not a merger.