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Fortress shareholders approve $3.3 billion acquisition by SoftBank 

Jul 13, 2017By

SoftBank Group’s $3.3 billion acquisition of Fortress Investment Group is one step closer to being finalized after Fortress’ shareholders approved the deal. Fortress is the parent company for New Residential Investment, which buys up mortgage servicing rights by the truckload. Fortress is also the majority shareholder in Nationstar Mortgage, soon to be known as Mr. Cooper.