DigitalBridge Shareholders Approve SoftBank Acquisition Agreement

DigitalBridge Group ( (DBRG) ) just unveiled an update.

On April 23, 2026, DigitalBridge stockholders approved the company’s acquisition by SoftBank Group Corp. in a virtual special meeting, clearing a key hurdle for the $16.00-per-share all-cash transaction. The vote saw roughly 69% of outstanding shares represented, with about 96% of votes cast in favor, ensuring the deal met Maryland’s majority-of-outstanding-shareholder approval requirements.

The approval paves the way for DigitalBridge to become a wholly owned subsidiary of SoftBank, subject to customary regulatory and closing conditions expected to be satisfied in the second half of 2026. At the same meeting, shareholders rejected on an advisory basis certain merger-related executive compensation, signaling some dissent over payouts even as investors endorsed the sale, while the company continues normal reporting with first-quarter 2026 results due on April 28, 2026.

The most recent analyst rating on (DBRG) stock is a Hold with a $16.00 price target. To see the full list of analyst forecasts on DigitalBridge Group stock, see the DBRG Stock Forecast page.

Spark’s Take on DBRG Stock

According to Spark, TipRanks’ AI Analyst, DBRG is a Neutral.

The score is driven primarily by improved balance-sheet flexibility and strong recent cash generation, offset by a sharp 2025 revenue decline and negative operating profitability. Technicals are neutral-to-slightly positive, valuation is supported by a very high dividend yield with a mid-range P/E, and the pending cash acquisition adds upside definition but carries completion risk due to significant closing conditions.

To see Spark’s full report on DBRG stock, click here.

More about DigitalBridge Group

DigitalBridge Group, Inc. is a global alternative asset manager focused on digital infrastructure, investing in and operating assets such as cell towers, data centers, fiber networks, small cells and edge infrastructure. The company manages these assets on behalf of limited partners and shareholders and is headquartered in Boca Raton, Fla., with offices across North America, Europe, the Middle East and Asia.

With more than three decades of experience in the digital ecosystem, DigitalBridge targets the rapidly expanding demand for connectivity and data, positioning itself as a specialist in mission-critical communications infrastructure. Its platform aims to capitalize on secular growth trends in mobile data, cloud computing and edge services worldwide.

On April 23, 2026, DigitalBridge stockholders approved the company’s acquisition by SoftBank Group Corp. in a virtual special meeting, clearing a key hurdle for the $16.00-per-share all-cash transaction. The vote saw roughly 69% of outstanding shares represented, with about 96% of votes cast in favor, ensuring the deal met Maryland’s majority-of-outstanding-shareholder approval requirements.

The approval paves the way for DigitalBridge to become a wholly owned subsidiary of SoftBank, subject to customary regulatory and closing conditions that are expected to be satisfied in the second half of 2026. At the same meeting, shareholders rejected on an advisory basis certain merger-related executive compensation, signaling some dissent over payouts even as investors endorsed the sale, while the company continues normal reporting with first-quarter 2026 results due on April 28, 2026.

Average Trading Volume: 3,329,535

Technical Sentiment Signal: Buy

Current Market Cap: $2.94B

See more data about DBRG stock on TipRanks’ Stock Analysis page.