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Business News Archive - October 15, 2012

Sprint Selling Large Stake To SoftBank

It’s official. In an early morning (for Americans) press conference, Japanese mobile carrier SoftBank announced they’d be buying 70% of Sprint for $20.1 billion.

Word of the Day
swell-mobsman
  • A member of the swell-mob; a genteelly clad pickpocket. Sometimes mobsman.
Use of the word 'swell-mobsman' dates at least to the early 1800s.