Softbank in talks to buy majority of Sprint for more than $12.8 bln -source

TOKYO Thu Oct 11, 2012 7:06am EDT

TOKYO Oct 11 (Reuters) - Japan's Softbank Corp is in talks to acquire a majority stake in Sprint Nextel, the No. 3 wireless carrier in the United States, for more than 1 trillion yen ($12.8 billion), a source familiar with the matter told Reuters on Thursday.