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On a sphere, straight paths follow “great circles,” which are geodesics like the equator. If you walk around the equator, after about 25,000 miles you’ll come full circle and end up right ...
Shares of Straight Path Communications Inc. (NYSEMKT: STRP) were up 33% as of 12:00 p.m. EDT Monday following another increased acquisition bid for the wireless spectrum specialist.
NEW YORK - Verizon Communications (VZ) is buying Straight Path Communications (STRP) for about $3.1 billion, ending a bidding war with AT&T (T) over the wireless licenses company.