DigitalBridge jumps on report Softbank in talks to acquire (DBRG:NYSE)
Core Viewpoint - DigitalBridge (DBRG) shares increased by 33% following reports that Softbank (OTCPK:SFTBY) is in discussions to acquire the company, with a potential deal expected in the coming weeks, although negotiations are still ongoing and uncertain [6] Company Summary - DigitalBridge (DBRG) experienced a significant stock price surge of 33% due to acquisition talks with Softbank [6] - The potential acquisition could be finalized in the near future, but the outcome of the discussions remains uncertain [6] Industry Summary - The news highlights ongoing interest from major firms like Softbank in acquiring companies within the digital infrastructure sector, indicating a trend of consolidation in the industry [6]