SoftBank Eyeing DigitalBridge Acquisition, Shares Surge

DigitalBridge Groups stock surged over three percent today, following reports of SoftBanks potential acquisition. The Japanese investment firm is reportedly eyeing DigitalBridges digital infrastructure investments, including data centers, mobile towers, and fiber networks. RBC Capital increased its price target for DigitalBridge shares, maintaining a positive rating. The stock closed at a new fifty-two-week high, reflecting the markets positive view of the potential acquisition.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.