DigitalBridge Stock Jumps. SoftBank to Buy the AI Data-Center Investment Firm for $4 Billion.
Market Intelligence Analysis
AI-PoweredDigitalBridge Group's stock surged in premarket trading after SoftBank Group agreed to acquire the investment firm for $4 billion, with a $16 per share cash offer representing a 15% premium to its previous closing price.
Market impact analysis based on bullish sentiment with 78% confidence.
Article Context
Shares of DigitalBridge Group an investment firm specializing in data centers and other digital infrastructure, rose in premarket trading after Japan’s SoftBank Group struck a $4 billion deal to acquire it. The company will indirectly acquire all of DigitalBridge’s outstanding common stock for $16 a share in cash, which represents a 15% premium to Friday’s closing price.
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