Tag: softbank

SoftBank To Buy Fortress For $3.3 Billion

SoftBank To Buy Fortress For $3.3 Billion

SoftBank has reached a head-turning agreement to acquire Fortress Investment Group (NYSE: FIG) for roughly $3.3 billion in cash. The purchase price of $8.08 per share represents a premium of 38.6% to Fortress’s closing price Monday. Fortress, which will operate […]

Donald Trump by Gage Skidmore on 2011-02-10 12:47:12

Have Trump Tweets Replaced Fed Speak?

Another day, another Tweet from President-elect Trump has moved the market. Lockheed Martin shares have taken a tumble following Trump highlighting the obvious on Twitter — the F-35 is an expensive boondoggle. This follows shares of Boeing dropping last week […]

Donald Trump by Gage Skidmore on 2011-02-10 12:47:12

Trump Effect? Foxconn In Talks To Expand US Operations

Apple’s manufacturing partner Foxconn may invest billions of dollars in the United States. The Taiwan-based contract manufacturer said Wednesday that it was in preliminary discussions to expand its US operations. Foxconn’s confirmation came just hours after the US President-elect Donald […]

With No Bidders Left, SoftBank Could Buy Twitter Inc Now

With No Bidders Left, SoftBank Could Buy Twitter Inc Now

Twitter is becoming a controversial tech company with Salesforce.com being the last to decline to acquire the micro-blogging giant. This could, however, open the door for Japanese telecom giant SoftBank, which has stated interest in the past and has enough money and […]