Tiger Global buys over $1b worth stake in SoftBank

Tiger Global buys over $1b worth stake in SoftBank

FILE PHOTO: A man talks on the phone as he stands in front of an advertising poster of the SoftBank telecommunications company in Tokyo October 16, 2015. REUTERS/Thomas Peter/File Photo

Chase Coleman’s Tiger Global Management has invested more than $1 billion in SoftBank Group Corp., according to a person with knowledge of the matter.

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