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Post-transaction, SoftBank will own approximately 70% and Sprint equity holders will own approximately 30% of New Sprint shares on a fully-diluted basis.
ENGADGET: Softbank confirms 70 percent Sprint acquisition for $20.1 billion
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These are carried at book value of 13 billion baht, but will be re-valued post transaction to 69 billion baht.
FORBES: Even Billionaires Do Dumb Deals
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"As part of the transaction, Arianna Huffington, The Huffington Post's co-founder and editor-in-chief, will be named president and editor-in-chief of The Huffington Post Media Group, which will include all Huffington Post and AOL content, " the statement said.
CNN: AOL agrees to purchase Huffington Post for $315 million
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The federal indictment charges Lindauer with conspiracy, serving as an unregistered agent for the Iraqi government, and engaging in an illegal financial transaction with a state-sponsor of terrorism, according to the Washington Post.
CENTERFORSECURITYPOLICY: Ex-Wyden staffer arrested as Iraqi spy