Yahoo Japan Buys Japanese Telco eAccess From Softbank For $3.2BN

Yahoo Japan is to buy Japanese telco eAccess from wireless provider Softbank in a deal worth $3.2 billion, it said today. Softbank itself acquired eAccess back in October 2012, in a share swap deal valued at around $2.6 billion. Yahoo Japan is a joint venture between Yahoo and Softbank. Reuters notes that Softbank owns a stake of around 42.5% in Yahoo Japan. In recent years Yahoo has pulled… Read More