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Ontario Teachers to vote for SoftBank/Sprint deal Posted: 07 Jun 2013 04:57 PM PDT By Sinead Carew NEW YORK (Reuters) - The Ontario Teachers Pension Plan, the fifteenth biggest shareholder in Sprint Nextel Corp , said on Friday it intends to vote for SoftBank Corp's plan to buy 70 percent of Sprint for $20.1 billion. The pension plan owned 40.2 million shares, or 1.33 percent, of Sprint, according to the latest publicly available information. It did not provide details on its website on how it came to its decision ahead of a June 12 special meeting where shareholders are due to vote on the deal. ... |
Louisiana teachers slated for pay raise next year Posted: 07 Jun 2013 12:30 PM PDT The last-minute addition by lawmakers of a $69 million increase to Louisiana's public school funding formula to next year's budget includes dollars for a teacher pay raise. At least half of the money must ... |
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