Ateneo Professor on Entrepreneurship
Repost from Newsmax by Jim Meyers | May 16, 2013
Softbank of Japan, which plans to acquire Sprint Nextel , has reportedly been threatening other banks to pass off financing the competing bids for the firm. Softbanks own Alibaba which is reported to go on IPO next year worth $60 to $80 billion. A consortium of banks which include JP Morgan Chase and Citibank has recently financed an $8 billion debt of Alibaba.
Softbank owns 30% of Alibaba and may have intimated to the banks friendly with DISH (which offered a competing bid for Nextel) may be passed off in the Alibaba IPO.
Is this deal not considered a national security threat to US; are foreigners allowed to own public utilities in the US?
Is the move of Softbank legal, or is an accepted strategy (indirect/Sun Tzu business strategy)
Earlier, US companies have been warned of doing business with ZTE and Huawei which have close ties with Chinese govt.
We must not forget that most businesses in China are owned by the govt prior to social capitalism
Repost from Newsmax by Jim Meyers | May 16, 2013
Softbank of Japan, which plans to acquire Sprint Nextel , has reportedly been threatening other banks to pass off financing the competing bids for the firm. Softbanks own Alibaba which is reported to go on IPO next year worth $60 to $80 billion. A consortium of banks which include JP Morgan Chase and Citibank has recently financed an $8 billion debt of Alibaba.
Softbank owns 30% of Alibaba and may have intimated to the banks friendly with DISH (which offered a competing bid for Nextel) may be passed off in the Alibaba IPO.
Is this deal not considered a national security threat to US; are foreigners allowed to own public utilities in the US?
Is the move of Softbank legal, or is an accepted strategy (indirect/Sun Tzu business strategy)
Earlier, US companies have been warned of doing business with ZTE and Huawei which have close ties with Chinese govt.
We must not forget that most businesses in China are owned by the govt prior to social capitalism
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