Yahoo Japan Corp said on Thursday that it would buy mobile and broadband provider eAccess Ltd from its parent SoftBank Corp for 324 billion yen ($3.17 billion U.S.) in a bid to expand its services for tablets and smartphones.
SoftBank, which owns about 42.5% in Yahoo Japan, said in a separate statement that it would book a special gain of 55.7 billion yen for the fiscal year ending March 2015.
The yen is at 102.31 to the U.S. dollar.
Tech Insider
