Tuesday, May 20, 2014

Yahoo Japan shares surge after cancels $3.2 bn eAccess deal

TOKYO, May 20 – Shares in Internet giant Yahoo Japan surged in Tokyo on Tuesday after it cancelled plans to buy domestic telecom company eAccess from its parent SoftBank Corp. in a $3.2 billion deal. The stock jumped 11.67 percent to close at 459 yen, after it rose nearly 15 percent in early trading. In […]

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