Fortress Buys Back Stake From Nomura Fortress shares climbed on Thursday after it paid Nomura, one of its principal investors, $363.4 million for its 12 percent stake. The move comes as banks around the world begin to shed noncore assets in light of new banking regulations. ALEXANDRA STEVENSON February 13, 2014 at 5:00AM http://nyti.ms/1aZl16s The New York Times Business Day Hedge Funds, Mergers, Acquisitions and Divestitures

By ALEXANDRA STEVENSON from NYT / Eethg. Corps. Inc. / Terrence Herschel G. Business Day http://nyti.ms/1aZl16s

via IFTTT