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DBRG — Digitalbridge News Story

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DigitalBridge soars on report of SoftBank nearing acquisition deal

** DigitalBridge  DBRG.N shares jump 42.2% to $5.88 premarket after Bloomberg News reports SoftBank 9984.T nears deal to acquire the co

** SoftBank could announce agreement with data center investment firm as soon as Monday, report says

** DBRG stock has more-than-doubled since talks were first reported on  Dec. 5

** Co led by CEO Marc Ganzi, is one of the world's largest dedicated digital infrastructure firms and manages $108 billion in assets

** Firms are channeling billions into AI infrastructure on demand boom

** As of last close, stock up 23% YTD

(Reporting by Utkarsh Tushar Hathi)

((utkarshtushar.hathi@thomsonreuters.com))

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