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Softbank shares untraded with glut of sell orders

Thursday, 11 Oct 2012 | 8:19 PM ET

TOKYO, Oct 12 (Reuters) - Shares of Softbank Corp were untraded with a glut of sell orders on Friday after Sprint Nextel said it was in talks with the Japanese firm on a "potential substantial investment" that could involve a change in control of the U.S. firm.

Softbank was notionally quoted at 2,581 yen, down 10 percent from its Thursday's close of 2,881 yen.

(Reporting by Dominic Lau; Editing by Edmund Klamann)

((dominic.lau@thomsonreuters.com)(+81 3 6441 1917)(Reuters Messaging: dominic.lau.thomsonreuters@reuters.net))

Keywords: SOFTBANK STOCK/

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