We recently published 10 Stocks Quietly Climbing Toward 2026. DigitalBridge Group Inc. (NYSE:DBRG) is one of the best performers on Monday.
Digital Bridge extended its winning streak to a fourth straight session on Monday, jumping 9.70 percent to close at $15.27 apiece as investors gobbled up shares following announcements that it is set to be taken private for $4 billion.
In a statement on the same day, DigitalBridge Group Inc. (NYSE:DBRG) said that it entered into a definitive agreement with SoftBank Group Corp. for the latter’s acquisition of all its outstanding shares for $16 apiece, representing a 15-percent premium over its closing price of $13.92 on December 26 or prior to the announcement of the deal.
Upon closing of the transaction, DigitalBridge Group Inc. (NYSE:DBRG) would continue to operate as a separate entity and be led by its incumbent chief executive officer, Marc Ganzi.
The transaction remains subject to customary closing conditions, including regulatory and shareholder approvals. It is expected to close in the second half of 2026.
The acquisition forms part of the SoftBank Group’s aggressive expansion into AI.
It can be recalled that the company also partnered with OpenAI and MGX earlier this year for the massive $500 billion “Stargate” project, which aims to build vast data center infrastructure in the US.
“As AI transforms industries worldwide, we need more compute, connectivity, power, and scalable infrastructure,” said SoftBank Group Chairman and CEO Masayoshi Son
“DigitalBridge is a leader in digital infrastructure, and this acquisition will strengthen the foundation for next-generation AI data centers, advance our vision to become a leading ASI platform provider, and help unlock breakthroughs that move humanity forward.”
While we acknowledge the potential of DBRG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.