Fortress Investment Group (FIG) Declares $0.09 Cash Dividend Paying Share for 4Q16
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Fortress Reports Fourth Quarter and Year End 2016 Results and Announces Dividend of $0.09 per Share
February 28, 2017 8:08 AM ESTNEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) (Fortress or the Company) today reported its fourth quarter and year end 2016 financial results.
RECENT DEVELOPMENTS
On February 14, 2017, Fortress announced that it had entered into a definitive merger agreement pursuant to which it will be acquired by SoftBank Group Corp. (SoftBank) in an all-cash transaction. The transaction is anticipated to close in the second half of 2017, after which Fortress will operate as an independent business within SoftBank under the continuing leadership of Fortress Principals Pete Briger, Wes Edens and Randy Nardone... More
