Yahoo Japan Says To Buy eAccess From SoftBank For $3.2 Billion

Yahoo Japan Corp said on Thursday that it would buy mobile and broadband provider eAccess Ltd from its parent SoftBank Corp for 324 billion yen ($3.17 billion) in a bid to expand its services for tablets and smartphones. SoftBank, which owns about 42.5 percent in Yahoo Japan, said in a separate statement that it would […]

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Yahoo Japan Corp said on Thursday that it would buy mobile and broadband provider eAccess Ltd from its parent SoftBank Corp for 324 billion yen ($3.17 billion) in a bid to expand its services for tablets and smartphones.

SoftBank, which owns about 42.5 percent in Yahoo Japan, said in a separate statement that it would book a special gain of 55.7 billion yen for the fiscal year ending March 2015.

REUTERS

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