Fortress Investment Group Will Only Grow Stronger Now That It Has Been Acquired By SoftBank:

The SoftBank acquisitions of world-leading alternative investment organization Fortress Investment Group has been a much talked about deal in the financial industry in recent years and it has recently been announced that the deal is completed. This monumental acquisition on the part of Japanese mega-conglomerate SoftBank was concluded for a cash price of $3.3 billion. SoftBank is now the owner of all outstanding shares for Fortress. In order to finalize this deal, SoftBank has satisfied every required condition that it had to meet in order to get this monumental transaction closed. The current Fortress Investment Group shareholders took action to approve this deal in a vote that was held on the 12th of July in 2017. Visit craft.co

An interesting facet of the SoftBank acquisition of Fortress Investment Group is the fact that the company is going to continue to operate independently in terms of its business activities. New York City will remain the home base for the company and its current Principals will also maintain their roles. These Principals are Wes Edens, Peter Briger and Randal Nardone. This is all a part of an effort on the part of SoftBank to allow Fortress Investment Group to continue moving down the path of success that it has maintained throughout its history of operation.

It is the track record of success that attracted the SoftBank team toward interest in acquiring Fortress Investment Group. Adding the company to the SoftBank portfolio gives the company a nice expansion of its overall capabilities. The leadership at Fortress have expressed the fact that they are highly impressed with what SoftBank head Masayoshi Son has accomplished and joining forces with the powerful Japanese company sets Fortress up for a bright future.

Working to be a major player in the revolution of information is a major focus of the business model for SoftBank. The company owns a number of companies that range across numerous industries. These industries include internet services, clean energy, telecommunications and robotics among others. The company was founded in 1981 and makes its headquarters in the Japanese city of Tokyo. Starting out as a computer parts operation, the company has rapidly expanded its scope of operations over its history.

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