Wesley Edens, Co-founder and co-chairman of Fortress Investment Group LLC, listens during a Bloomberg Television interview in New York, U.S. (Photographer: Christopher Goodney/Bloomberg)

Fortress Goes Private as Son's SoftBank Completes Takeover

(Bloomberg) -- Japan’s SoftBank Group Corp. has completed its $3.3 billion cash deal for Fortress Investment Group LLC, marking the first time a publicly traded U.S. private equity firm has delisted.