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The reported acquisition talks have historically led to stock price increases for firms involved. For instance, similar acquisition announcements in the tech sector typically drive share prices significantly higher, indicating strong market reaction.
What happened, with direct paths to the underlying reporting
DigitalBridge's shares surge on SoftBank acquisition talks. Bloomberg reports a potential announcement could happen today. SoftBank's investment focuses on AI infrastructure. DigitalBridge shares up 30% in premarket trading. The company gained 23% year-to-date before the news.
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