Former Sprint CEO will snatch up T-Mobile stock
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Former Sprint Corp. CEO Marcelo Claure plans to buy 5 million shares of T-Mobile US Inc. stock. The deal is part of a master framework agreement with T-Mobile in which former Sprint parent SoftBank Group Corp. plans to sell as much as 65% of its T-Mobile shares. The roughly 198 million shares are worth about $21 billion, Fierce Wireless reports. Claure, now a director on T-Mobile's board and CEO of SoftBank Group International, plans to buy stock with a loan from SoftBank, according to a Securities…
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