BCR Advisory World business
World business

SoftBank to Buy Fortress Investment Group for $3.3 Billion

This article was sourced from Bloomberg Technology. Article by Devin Banerjee and Pavel Alpeyev. SoftBank Group Corp. is buying alternative-asset manager Fortress Investment Group LLC for $3.3 billion in cash to operate alongside the Japanese company’s soon-to-be-established technology investment fund. Japan’s SoftBank will pay $8.08 a share for New York-based Fortress, a 39 percent premium […]