DigitalBridge shares jump 50% after report SoftBank is in talks to acquire firm

Shares of DigitalBridge, a firm focused on data center investments, experienced a remarkable surge of up to 50% in premarket trading on Monday. This spike follows a report indicating that Japan’s SoftBank is in advanced discussions to acquire the New York-listed company. According to Bloomberg, which cited anonymous sources familiar with the negotiations, a formal announcement could be made as early as Monday. At approximately 4:35 a.m. ET, DigitalBridge's stock was observed to be 40.5% higher. Notably, the stock has already increased by roughly 23% since the beginning of the year. Inquiries made by CNBC to both SoftBank and DigitalBridge representatives yielded no comments, as both companies opted to remain silent regarding the ongoing talks. This story is developing, and updates are expected throughout the day.