Expensive melons

Expensive melons

SAPPORO, Japan - Kazuo Watarai (R) from wholesaler Kurashige Shoten K.K. and Yubari Mayor Naomichi Suzuki hold a pair of Yubari melons, a type of premium orange-fleshed cantaloupe, after the company bought the fruits for 1 million yen (about $12,350) in the current harvest season's first auction at the Sapporo City Central Wholesale Markets in Hokkaido on May 13, 2011. Watarai said his company based in Sapporo will give the fruits as a gift to an association of retail companies

Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

TOKYO, Japan - (From L to R) Ripplewood Holdings, LLC CEO Timothy Collins, Softbank Corp. President Masayoshi Son and Japan Telecom Co. President Hideki Kurashige shake hands at a Tokyo hotel on May 27 after Softbank announced the same day it will buy Japan Telecom from U.S. investment fund Ripplewood for about 340 billion yen in the fall.

Expensive melons

Expensive melons

SAPPORO, Japan - Kazuo Watarai (R) from wholesaler Kurashige Shoten K.K. and Yubari Mayor Naomichi Suzuki hold a pair of Yubari melons, a type of premium orange-fleshed cantaloupe, after the company bought the fruits for 1 million yen (about $12,350) in the current harvest season's first auction at the Sapporo City Central Wholesale Markets in Hokkaido on May 13, 2011. Watarai said his company based in Sapporo will give the fruits as a gift to an association of retail companies (Kyodo)

Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

Softbank to buy Japan Telecom from Ripplewood for 340 bil. yen

TOKYO, Japan - (From L to R) Ripplewood Holdings, LLC CEO Timothy Collins, Softbank Corp. President Masayoshi Son and Japan Telecom Co. President Hideki Kurashige shake hands at a Tokyo hotel on May 27 after Softbank announced the same day it will buy Japan Telecom from U.S. investment fund Ripplewood for about 340 billion yen in the fall. (Kyodo)