Softbank To Snag Rival Cellphone Co. In $2.6B Stock Deal
The telecom giant, known as Softbank of Japan, said it would pay roughly 52,000 yen (US$667.35) per share for eAccess, a roughly 345 percent increase to the firm's closing price of 15,070 yen on the Tokyo Stock Exchange on Friday.
Softbank said it hopes to complete the deal and make eAccess a wholly owned subsidiary by the end...
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