SoftBank shares open 12.5% higher after T-Mobile-Sprint merger approval
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TOKYO (Reuters) - SoftBank Group Corp shares opened 12.5% higher on Wednesday morning after a federal judge approved the takeover of its U.S. wireless unit Sprint Corp by T-Mobile US Inc .A deal would allow SoftBank, which reports its earnings on Wednesday, to offload a troubled asset when its other tech bets are facing investor scepticism and it is struggling to raise funds for a successor to its $100 billion Vision Fund.A federal judge rejected a claim by a group of states that the proposed..