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February 15, 2017 12:08 am GMT
Japan’s SoftBank has made another acquisition to widen both its business strategy and its portfolio of investments. Today the company announced it would pay $3.3 billionin cash to acquire the Fortress Investment Group, an asset manager and investor in its own right, with significant holdings in Lyft, ZestFinance, Xapo, Jawbone and other tech companies. This is SoftBank’s… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/xQWibVCtlxg/
SoftBank confirms $3.3B acquisition of Fortress Investment Group
Japan’s SoftBank has made another acquisition to widen both its business strategy and its portfolio of investments. Today the company announced it would pay $3.3 billionin cash to acquire the Fortress Investment Group, an asset manager and investor in its own right, with significant holdings in Lyft, ZestFinance, Xapo, Jawbone and other tech companies. This is SoftBank’s… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/xQWibVCtlxg/
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