Institutional Shareholder Services -- a consultant to mutual funds and other large investors -- says the deal would give Sprint the money it needs to buy spectrum. It remains mum on Dish Network's rival, preliminary offer.
Supercell is a hot commodity in mobile gaming: its Clash of Clans and Hay Day have both hit the top in the Apple App Store's Top Grossing ranking for games.
Vivendi, which owns the world's largest music group, rejects the offer despite its $2 billion premium, the Financial Times reports.
The $21.6 billion deal was made complicated by a bidding war between SoftBank and Dish Network.
The FCC unanimously gives the green light to SoftBank's $21.6 billion bid for Sprint Nextel as well as Sprint's purchase of Clearwire.
Two of three commissioners have signed off on Softbank's $21.6 billion deal for the wireless provider, sources tell Bloomberg.
Japan's SoftBank is a step closer to acquiring the third largest wireless operator in the U.S., as 98 percent of Sprint shareholders OK the merger.
Although there is just a couple of weeks before shareholders vote on SoftBank's bid to acquire Sprint, Dish reportedly is still scrambling to change the fate of the deal.
As Dish and SoftBank duke it out to merge with Sprint, SoftBank raises its offer by $1.5 billion.
In a letter to the Federal Communications Commission, the Justice Department says it's satisfied regarding concerns about potential national security and other issues and has no objection to the deal.