Japan's SoftBank says expects to complete Sprint deal on July 10

TOKYO Mon Jul 8, 2013 8:04am EDT

A shop clerk is seen through a window displaying a logo of SoftBank Corp at its branch in Tokyo June 21, 2013. REUTERS/Issei Kato

A shop clerk is seen through a window displaying a logo of SoftBank Corp at its branch in Tokyo June 21, 2013.

Credit: Reuters/Issei Kato

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TOKYO (Reuters) - Japan's SoftBank Corp said on Monday that it expects to complete its $21.6 billion acquisition of U.S. wireless carrier Sprint Nextel Corp on Wednesday, July 10.

SoftBank and Sprint received final regulatory approval for their deal from the Federal Communications Commission last week.

The Japanese company said it expects the deal to close on Wednesday, U.S. Eastern Standard Time.

(Reporting by Mari Saito; Editing by Edmund Klamann)

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