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SoftBank to take over mobile distributor Brightstar for $1.26 billion
2013-10-18 22:37:53| InfoWorld: Top News
Fresh from its acquisition of Sprint, Japan's SoftBank plans to take control of Brightstar, the dominant distributor of mobile devices in the U.S. and a global player serving more than 200 carriers. SoftBank has reached a definitive agreement to invest $1.26 billion in Brightstar and immediately gain a 57 percent stake in the company. It will have the option later to raise its ownership to 70 percent. The cash transaction, which SoftBank announced on Friday, will be carried out through a U.S. subsidiary.
Tags: mobile
billion
distributor
softbank
SoftBank to spend $1.26 billion for majority Brightstar stake
2013-10-18 22:16:23| Telecom - Topix.net
Japan's SoftBank Corp said on Friday it agreed to pay $1.26 billion for a 57 percent stake in privately held cellphone distributor Brightstar Corp as it looks to boost its bargaining power with handset makers.
Tags: spend
majority
billion
stake
SoftBank to spend $1.26 billion for majority Brightstar stake
2013-10-18 20:01:47| IT Services - Topix.net
Japan's SoftBank Corp said on Friday it agreed to pay $1.26 billion for a 57 percent stake in privately held cellphone distributor Brightstar Corp as it looks to boost its bargaining power with handset makers.
Tags: spend
majority
billion
stake
Safeway boosting its buyback by $2 billion
2013-10-18 17:16:00| Grocery - Topix.net
Safeway Inc. said Friday that it had about $800,000 remaining under its previously authorized buyback through the end of the third quarter.
Tags: billion
boosting
safeway
buyback
Plan finalized for $1 billion construction push in Baltimore city schools
2013-10-17 18:09:00| American School & University
State's Board of Public Works approves plan for 10 years of facility upgrades. Schoolhouse Beat read more
Tags: city
plan
construction
schools
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