Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: Madharry who wrote (5914)	12/9/2020 10:06:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 6018

Softbank is on a winning streak. This is interesting. Unfortunately, the full article is behind am paywall and I don't have subscription to Barron's. SoftBank Stock Gains on Report It May Go Private. It Has a Huge Winner In DoorDash. By Eric J. Savitz Bloomberg Dec. 9, 2020 12:13 pm ET SoftBank stock got a lift on Wednesday from a report that the Japanese investment company is considering an unusual approach to going private. According to Bloomberg, SoftBank (ticker: SFTBY) is debating a new strategy to go private gradually, by slowly buying back enough shares until founder and CEO Masayoshi Son has a big enough stake to squeeze out the remaining investors. The company this morning declined to comment on the report. Link