Fortress Investment Shares Up 22% On Report Of Softbank Deal

By Claudia Assis Markets MarketWatch Pulse

Shares of Fortress Investment Group rose 22% late Tuesday after Japanese telecommunications and internet company SoftBank Group Corp. was said to be near a deal to buy Fortress for more than $3 billion, according to The Wall Street Journal, citing sources. Fortress shares ended the regular trading day up nearly 7%.

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