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Fortress’s back-office prowess was a plus in SoftBank’s decision to buy the asset manager for $3.3 billion.
Fortress Investment Group’s market expertise, including its back-office operations, played a key role in the Japanese technology giant SoftBank Group Corp.’s approximately $3.3 billion cash acquisition of the asset manager, officially announced on Valentines Day. SoftBank’s acquisition points to several new directions for the technology provider, including laying the groundwork for the forthcoming SoftBank Vision...
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