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onehandle

(51,122 posts)
Thu Jul 11, 2013, 10:06 AM Jul 2013

FYI: Sprint is now a Japanese company.

So that's another foreign corporation in the no column for me.
________________________

Sprint and SoftBank Announce Completion of Merger

Through this transaction, approximately 72 percent of current Sprint shares are being acquired by SoftBank for $7.65 per share in cash, and the remaining shares are being converted into shares of a new publicly traded entity named Sprint Corporation.

http://finance.yahoo.com/news/sprint-softbank-announce-completion-merger-220000438.html

7 replies = new reply since forum marked as read
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FYI: Sprint is now a Japanese company. (Original Post) onehandle Jul 2013 OP
I see this as a positive development. Laelth Jul 2013 #1
More money and jobs going overseas. nt onehandle Jul 2013 #2
Japanese corporate culture at the very top is many ways even worse than in this country. Ikonoklast Jul 2013 #3
Their wanton disregard for the people is much less though AZ Progressive Jul 2013 #6
So there is some hope that it will be competently run FarCenter Jul 2013 #4
Welcome to globalisation Spider Jerusalem Jul 2013 #5
I must post this again AZ Progressive Jul 2013 #7

Laelth

(32,017 posts)
1. I see this as a positive development.
Thu Jul 11, 2013, 10:29 AM
Jul 2013

Japanese management is likely to be better in most respects.

-Laelth

Ikonoklast

(23,973 posts)
3. Japanese corporate culture at the very top is many ways even worse than in this country.
Thu Jul 11, 2013, 10:52 AM
Jul 2013

Secretive, double-dealing, lying to shareholders, graft, corruption...yep, they, too, have it all.

AZ Progressive

(3,411 posts)
6. Their wanton disregard for the people is much less though
Thu Jul 11, 2013, 12:01 PM
Jul 2013

Japan is far more equal than the U.S. as a result.

 

Spider Jerusalem

(21,786 posts)
5. Welcome to globalisation
Thu Jul 11, 2013, 11:25 AM
Jul 2013

simpleminded economic nationalism is, frankly, just stupid, I'm sorry. (I invite you to imagine the consequences if people in other countries took that attitude to American corporations that do quite a lot of their business outside the USA, like: Boeing, Ford, GM, Coca-Cola, McDonalds, et cetera.)

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