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Recent Updates — DBRG

September 30, 2026View Source ↗

DigitalBridge Group, Inc. completed a merger with Duncan Holdco LLC on September 30, 2026, resulting in DigitalBridge becoming an indirect wholly owned subsidiary of Parent, which is controlled by SoftBank Group Corp. All outstanding shares of Class A, Class B, and Performance Common Stock were converted into the right to receive $16.00 per share in cash. Company OP Common Units held by third parties were similarly converted for $16.00 per unit, while units retained by DigitalBridge remained outstanding. Unvested equity awards were accelerated and cancelled for cash equal to the merger consideration plus accumulated dividend equivalents, except for certain awards held by CEO Marc C. Ganzi which remained subject to vesting. The company's common stock was delisted from the NYSE on September 30, 2026, with preferred shares expected to be delisted in early October. Preferred shareholders have the option to convert their holdings into cash at specified prices ranging from $11.28 to $15.16 per share depending on the series. The company operates in the alternative asset management industry.