SoftBank to Acquire DigitalBridge for $4B at $16/Share, Shares Up 10%
SoftBank Group agreed to acquire DigitalBridge Group for $4 billion, paying $16 per share in cash, which lifted its stock roughly 10% from a $15.26 close. Earlier reports saw shares jump 44% premarket to $20.10, and DBRG manages $108 billion in digital infrastructure assets.
Related News
SLAB
Silicon Labs SoC Powers 500,000 Wi-SUN Module Shipment for India Grid
SLAB•
IPW
iPower Cuts Q3 Costs 66%, Narrows Loss to $0.3M, Secures $2.6M Sublease
IPW•
TOL
Toll Brothers Beats Q2 Revenue Guidance by $110M, Raises Delivery and Buyback Plans
TOL•
APURU
Aperture AC Prices $90 Million IPO of 9 Million Units at $10
APURU•
STI
Solidion Technology Posts $85K Q1 Revenue, 95% Retention Drone Battery Prototype
STI•
Sources
IF