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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
overword
  • To say in too many words; to express verbosely.
  • To express in too many words: sometimes used reflexively.
  • The leading idea or a repeated phrase, as of a song or ballad; the refrain; burden.
The word 'overword' comes from over- +‎ word.