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Sprint Owner Softbank Increases Debt for ARM Purchase; Are Further Sales Coming?

SoftBank's (SFTBY) $32 billion bid for the U.K.'s leading chip maker ARM Holdings (ARMH) comes at an interesting time for the Japanese telecoms giant.

The owner of Sprint (S) has been on a selling spree to pay down the debt it incurred from buying the ailing wireless carrier. In the last two months, SoftBank has sold $10 billion worth of its investment in Alibaba (BABA) and it sold games company...


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