Deals
Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. To expand beyond a lagging domestic market, Japan’s No. 3 mobile operator, SoftBank, is buying a 70 percent stake in Sprint Nextel for $20.1 billion, looking to challenge Verizon and AT&T.
2. ExxonMobil will add to its Canadian portfolio by paying $2.9 billion for Calgary-based Celtic Exploration and its fields in Alberta’s Montney and Duvernay shale.