The numbers on the SoftBank-Sprint deal are out. SoftBank has purchased $8 million in newly-issued stock and $12.1 billion in existing stock, The Verge reports. The deal is expected to close in mid-2013, and SoftBank has committed to paying Sprint $600 million if the deal falls through. Sprint, on the other hand, will have to pay $600 million if a better offers comes in, or $75 million if shareholders reject the deal.
[Source: The Verge]