Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. U.S. mobile-phone carrier Verizon Wireless will purchase wireless spectrum from three cable companies for $3.6 billion. Comcast will net the biggest payment: $2.3 billion.
2. SAP agreed to pay $3.4 billion for SuccessFactors, a maker of employee performance management software, stepping up competition with archrival Oracle in the cloud-computing market.