Fortress Puts Up $363.4M To Buy Back Nomura's Stake
Fortress said it has repurchased from Nomura approximately 60.6 million Class A shares at $6 per share. One of Fortress’ principal investors, Japan-based financial services giant Nomura, had acquired an initial 15 percent stake in Fortress for approximately $888 million in December 2006.
The companies said in a joint statement that in conjunction with the buyback,...
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