1. What is the form of payment and form of acquisition employed by SoftBank in its takeover of Sprint-Nextel? Is all or some of the total consideration paid to Sprint shareholders tax free?

1. What is the purpose of the holding company structure adopted by SoftBank in this transaction? Do you agree and why? Be specific there is current information going on with Softbank.

1. Would you characterize this as a reverse or forward merger? Based on your answer why was this type of reorganization selected by SoftBank? Will this takeover require a vote by Softbank shareholders?

1. The convertible debt is described as a "stock lockup." How does the convertible debt discourage other interested parties from bidding on Sprint? Is there another type of debt you would have recommended and why?

1. What are TWO arguments for and against the proposed takeover being approved by U.S. regulators? Be specific.

1. Why did SoftBank use New Sprint shares as part of the tender offer to Sprint shareholders rather than its own shares? Would you have done something else and why?