Fortress Investment Group Opens a New Chapter After Acquisition

The international holdings conglomerate, Softbank, has been highly lauded for its acquisitions since its founding by Masayoshi Son in 1981, often stretching its assets into various sectors and arenas. In 1996, upon gaining a controlling stake in Yahoo, Softbank ascended to a new level, and, in a move similar to their previous investments, they recently purchased Fortress Investment Group for $3.3 billion, furthering their allure. Despite acquiring the company, Softbank will have very little authority in regards to the future of Fortress Investment Group, as this caveat was included in order to ensure that the deal would be approved by the Committee on Foreign Investments. There were a still a number of hurdles to be endured by both, Softbank and Fortress Investment Group, despite the holdings conglomerate’s substantial concessions. As a result of the acquisition, Softbank was required to pay a 39 percent premium to the shareholders of Fortress Investment Group, equaling an $8.08 increase for each share, while the private equity firm was delisted from the New York Stock Exchange. At the time, Softbank was also finalizing the acquisition of Boston Dynamics from Google’s parent company, Alphabet, as well as transferring a 25 percent stake from Arms Holdings to their $93 billion Vision Fund.

The founder of Softbank, Masayoshi Son, also worked tirelessly behind the scenes in order to secure the Fortress Investment Group acquisition. After announcing his intention to invest $50 billion in the United States, Masayoshi Son secured the public backing of President Donald Trump, who stated his support of the conglomerate in front of Congress in 2017. Despite having limited authority regarding their recently acquired private equity firm, Softbank was moved to act on the purchase as a result of Fortress’ track record, being that 2007 marked their initiation into the New York Stock Exchange – the first of its kind. While Fortress’ delisting will certainly have some repercussions for the private equity fund, Wes Edens, the company’s co-chair, believes that there are a number of positives to be had from this new experience, including increased freedom.

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Sahm Adrangi On QuinStreet

In the world of business, it is well known that some companies are more honest than others. This is why value investors like Sahm Adrangi seek out and research these companies who are less than forthcoming with their business practices. When Sam Adrangi suspects that a business isn’t being honest with their investors or customers, he is not afraid to tell the world. When Sahm Adrangi discovers one of these companies, he and his company Kerrisdale Capital Management LLC not only do research, they sometimes short the stocks of the company that is in question. Shorting stocks involves a process that many investors deem to be too risky, but Sahm Adrangi has become an expert at it in his career. To short a stock, an investor borrows a certain amount of shares of a company that they see as very likely to drop drastically in price. As soon as they complete the purchase, the investor sells their stocks and waits for the price to become lower. At this point, the investor buys the same number of stocks that they bought initially and then return them to the lender. This makes it so that short-selling investors like Sahm Adrangi get to keep the difference in price, sometimes a considerable amount of money.

Sahm Adrangi has been doing this for years and has become quite good at it. His most recent target for shorting is the QuinStreet Inc. company. This company operates by driving traffic to the websites of their clients through online marketing. QuinStreet has been facing financial problems for several years, this is why Kerrisdale Capital was so surprised to see their stock quadruple in a very short period of time. After looking into it, Kerrisdale and Sahm Adrangi decided to start researching it more in depth and found that the rise was due to an increase in traffic that they had been directing to their affiliates. The traffic, unfortunately, appears to be completely bogus according to the research. Nearly all of the new revenue generated by QuinStreet came from only one client and is believed to be computer generated instead of genuine.

 

https://www.crunchbase.com/person/sahm-adrangi

Madison Street Capital Award

Working in the financial planning industry can be difficult. There are a lot of people who need help in this area. In addition, there is a lot of online competition for customers. Investors today are more savvy than ever before, and investment banks today must be able to meet all of their needs to keep them. Madison Street Capital is a company that has grown steadily over the years, and many people are excited about the future with this company. If you want to take things to the next level in your finances, this is a great company to work with. Madison Street Capital has done a lot of great things for others people over the yeas.

Investment Advice

There are a lot of investors who need investment advice. The average investor makes decisions based off of emotion. Selling when the market is low and buying when the market is high is never a good strategy. However, this is how most investors conduct their investing. If you want to take things to the next level with your investing, working with a professional is a great idea. Madison Street Capital has helped a lot of investors improve their rate of return over time. The rate of return is one of the biggest variables when it comes to building wealth.

Award

For all of the hard work over the years, Madison Street Capital was recently announced as a finalist for an award within the industry. A lot of clients appreciate all of the hard work that employees of the company have done. There are many people who owe their retirement savings to Madison Street Capital.

Loans

Another area of business that Madison Street Capital concentrates on is lending. Over the years, Madison Street Capital has expended its lending program to customers. There are a lot of online options when it comes to lending, but many people do not take advantage of them. Many people still prefer to meet with someone before borrowing a large amount of money. If you have good credit, Madison Street Capital can lend you money for low rates of interest.

Final Thoughts

Overall, Madison Street Capital is a great company that has done a lot of positive work in the industry. If you want to take things to the next level in your finances, this is a great company to work for. Madison Street Capital has made a lot of investments of both time and money over the years in customers.

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