SoftBank’s shares soar 7% on buyout debate report


© Reuters. FILE PHOTO: The emblem of SoftBank Group Corp is displayed at SoftBank World 2017 convention in Tokyo

TOKYO (Reuters) – SoftBank Group Corp shares jumped as a lot as 7% on Wednesday after Bloomberg Information reported that the group was contemplating shopping for again shares to spice up CEO Masayoshi Son’s stake so he might squeeze out remaining buyers.

SoftBank was not instantly reachable for remark.

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