SoftBank Group agreed to buy asset manager Fortress Investment Group LLC for $3.3 billion, in a surprising move that is part of an effort by the Japanese technology giant to transform itself into one of the world’s largest investment firms. Fortress Class A stockholders are to get $8.08 a share, the companies announced late Tuesday after The Wall Street Journal reported on the deal. That is 39% above the closing price Monday,...

Source: Wall Street Journal February 14, 2017 22:52 UTC