DigitalBridge Shareholders Approve SoftBank Acquisition
DigitalBridge Group (DBRG) announced that its stockholders voted to approve the previously announced acquisition of DigitalBridge by SoftBank Group Corp. (SFTBY) at a virtual special meeting of stockholders held on April 23, 2026. Under the terms of the acquisition agreement, DigitalBridge stockholders will receive $16.00 per share in cash upon the closing of the transaction. At the special meeting, stockholders of record as of the close of business on March 23, 2026 - the record date for the meeting, on which date 182,392,592 shares of DigitalBridge common stock were outstanding - were entitled to vote on the acquisition proposal. Holders of approximately 69% of shares outstanding as of the record date participated in the special meeting, representing 125,816,044 shares. Of the votes cast, approximately 96% - representing 121,177,032 shares - were voted in favor of the acquisition, satisfying the requirement for approval by holders of a majority of the outstanding shares of DigitalBridge common stock entitled to vote under Maryland law, the company's charter and the terms of the acquisition agreement. Completion of the acquisition remains subject to the satisfaction or waiver of customary closing conditions, including the receipt of regulatory approvals, and is expected to close in the second half of 2026.
