Softbank reportedly will purchase a 70 percent stake of Sprint

iMore writes, Following up on previous reports of talks between Japan's SoftBank and Sprint, numerous reports are now suggesting that SoftBank will take on a 70 percent stake in Sprint. Although nothing official has been laid down by either company at this point, CNBC and Business Insider are both reporting the deal will officially be announced as of Monday. When it comes to the terms of the agreement, it's been suggested the deal will cost SoftBank $20 billion -- $8 billion in shares directly from Sprint, and a $12 billion offer to buy shares from the public. Overall, the deal is interesting and should buy...

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