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SoftBank shares untraded with glut of buy orders after T-Mobile-Sprint merger approval

FILE PHOTO: People walk behind the logo of SoftBank Corp in Tokyo
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TOKYO (Reuters) - SoftBank Group Corp shares were untraded with a glut of buy orders 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..
Date Published: Feb 12, 2020
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