BOCA RATON: DigitalBridge Group Inc. stockholders voted to approve the company’s $16-per-share cash acquisition by SoftBank Group Corp., clearing a key hurdle for the deal that remains on track to close in the second half of 2026.
At a virtual special meeting held April 23, about 96% of votes cast favored the transaction, DigitalBridge said Thursday. That represented 121.2 million shares. Roughly 69% of outstanding shares — 125.8 million of 182.4 million eligible shares — were voted.
The approval satisfied the majority-of-outstanding-shares requirement under Maryland law, the company’s charter and the merger agreement.
Under the deal’s terms, DigitalBridge stockholders will receive $16 in cash for each share they own at closing.
Completion still depends on customary conditions, including regulatory approvals. Final vote results are expected to be certified by the independent Inspector of Election and filed with the Securities and Exchange Commission on a Form 8-K.
DigitalBridge, a global alternative asset manager focused on digital infrastructure such as cell towers, data centers and fiber, also said it will release first-quarter 2026 financial results April 28 after market close. The company will not hold a conference call or earnings webcast during the pendency of the acquisition. An investor presentation and supplemental financial information will be posted at ir.digitalbridge.com alongside its Form 10-Q.
The company is headquartered in Boca Raton, Florida, and has offices across North America, Europe, the Middle East and Asia.