Marketplace Morning Report for Monday, October 15, 2012
The Japanese company Softbank has reached a deal to buy 70 percent of the American wireless carrier Sprint Nextel. The $20 billion deal is the largest ever Japanese acquisition of a foreign company. Governor Mitt Romney and President Obama will face off on the debate stage for the second time tomorrow night. How will voters' personal finances factor in to the election? RapGenius.com -- it's been called the wikipedia of rap and it just got $15 million dollars in venture capital funding -- but how will the rising star website solidfy its place as more than just a passing fad?