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SoftBank would add 'security director' to Sprint board |
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Yahoo! Computer Security
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05/23/2013 at 08:29:10 |
 (Reuters) - SoftBank Corp would appoint a "security director" to Sprint Nextel Corp's board if its takeover bid succeeds and give the U.S. government right of approval on the appointment in hopes of easing national security concerns raised by the proposed deal. Sprint said in a filing with the U.S. Securities and Exchange Commission on May 1 that the new director appointed by Tokyo-based SoftBank would oversee public safety concerns related to Sprint's wireless and wireline operations. ...
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