M&A
confidence high
sentiment neutral
materiality 0.90
DigitalBridge to be acquired by SoftBank affiliate for $16.00 per share in cash
DigitalBridge Group, Inc.
- Common stockholders receive $16.00 per share in cash; preferred stock remains outstanding.
- Termination fee of $96M payable by Company in certain circumstances; $154M payable by Parent.
- Conditions include stockholder approval, CFIUS, HSR, FCC, FERC, and client consents for 85% base date revenue run rate.
- Outside date March 29, 2027, extendable by 90 days if regulatory conditions unmet.
- SoftBank affiliate committed equity financing to fund the transaction.