SoftBank to Acquire Major CRE Investor Fortress Investment Group for $3.3 Billion
In a deal that has some market analysts scratching their heads, Japanese telecom giant SoftBank Group Corp. announced the surprising move of buying New York private-equity firm Fortress Investment Group LLC (NYSE: FIG) for $ 3.3 billion in cash. Fortress, an alternative-asset manager with $ 70.1 billion in assets under management, is a major investor
