Halper Sadeh Investigates Fairness of DigitalBridge's $16 Sale to SoftBank
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Legal Investigation Initiated: Halper Sadeh LLC is investigating whether the $16 per share cash sale of DigitalBridge Group, Inc. to SoftBank Group is fair to shareholders, potentially impacting shareholder confidence in the transaction.
- Shareholder Rights Protection: The investigation focuses on whether DigitalBridge's board violated federal securities laws by failing to secure the best possible deal for shareholders, which could lead to diminished shareholder value.
- Insufficient Disclosure: Halper Sadeh highlights that DigitalBridge may not have disclosed all material information necessary for shareholders to adequately assess the merger consideration, increasing legal risks.
- Potential Remedies: Halper Sadeh LLC may seek increased consideration and additional disclosures on behalf of shareholders, aiming to protect shareholder interests and ensure transparency in the transaction.
DBRG
$15.26+Infinity%1D
Analyst Views on DBRG
Wall Street analysts forecast DBRG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DBRG is 17.50 USD with a low forecast of 12.50 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 13.920
Low
12.50
Averages
17.50
High
20.00
Current: 13.920
Low
12.50
Averages
17.50
High
20.00
About DBRG
DigitalBridge Group, Inc. is a global investment manager in digital infrastructure, deploying and managing capital across the digital ecosystem, including data centers, cell towers, fiber networks, small cells, and edge infrastructure. Its investment management platform is anchored by its value-added funds within the DigitalBridge Partners (DBP) infrastructure equity series. Its investment offerings also include core equity, credit and liquid securities. The DBP series of funds focuses on value-added digital infrastructure, investing in and building businesses across the digital infrastructure sector. Core Equity invests in digital infrastructure businesses and assets with long-duration cash flow profiles, primarily in more developed geographies, through its Strategic Assets Fund (SAF). DigitalBridge Credit is a private credit strategy that delivers credit solutions to corporate borrowers in the digital infrastructure sector globally through credit financing products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
