Why SoftBank’s Acquisition Of Fortress Investment Group Makes Sense
Business acquisitions normally happen because they benefit both parties. There is a lot of intrigue surrounding SoftBank's acquisition of Fortress Investment Group. The multi-billion dollar deal was approved by Fortress shareholders, however many people are curious about why SoftBank would be interested in working with Fortress. Analysts point out that the agreement between SoftBank and Fortress makes sense if you look back at the company's histories. Both companies have a history of evolving over the years. SoftBank evolved from a PC software wholesaler into a giant firm that has a stake in hundreds of companies. The company was founded by Masayoshi Son in Japan during the 1980's. After a few…
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