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Market Vectors’ Fran Rodilosso Comments on Potential SoftBank Acquisition of Sprint Nextel

NEW YORK--(BUSINESS WIRE)--According to today’s news reports, Japan’s SoftBank may be close to making a significant investment in, or possibly buying a controlling stake in, Sprint Nextel. This investment, if it occurred, could be of potentially significant benefit to Sprint and Sprint Nextel bondholders, according to Market Vectors’ fixed income portfolio manager Fran Rodilosso.