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SoftBank Buys $250M Stake In Celebrity Talent Firm

By Joyce Hanson (March 24, 2016, 10:03 PM EDT) -- Japanese telecommunications firm Softbank Group has agreed to pay $250 million for a minority stake in California-based WME IMG, giving the merged talent and sports giant that combines William Morris and International Management Group more opportunities to pursue new investments, acquisitions and joint ventures, the companies said Wednesday....

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