US Stock Market Move | SoftBank Group acquires DigitalBridge (DBRG.US) at a premium, causing the stock price to rise over 9.7% in pre-market trading.

On Monday, DigitalBridge (DBRG.US) saw its stock price rise in pre-market trading, with the stock up over 9.7% to $15.29 as of the time of writing. On the news front, SoftBank Group announced its agreement to acquire the company. According to statements from both parties, SoftBank will acquire all outstanding shares of DigitalBridge for $16 per share in cash. This move is an important step for SoftBank to bolster its support for the digital infrastructure driving the artificial intelligence (AI) wave, aiming to capture the surge in demand for data centers and computing power driven by AI. DigitalBridge is one of the top institutions specializing in digital infrastructure investment. According to the company's official website, its assets under management were around $108 billion as of the end of September. The transaction price represents a premium of about 15% over DigitalBridge's closing price on December 26, 2021, and is expected to be completed in the second half of 2026, pending regulatory approval.