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The Latest Breaking News from Fortress

‘Fortress stores’ can fight theft – but is it how we want to shop?

“Fortress stores” with security-tagged chicken and steaks in wire security cages. GPS-tracked jars of instant coffee. Everything from toothpaste and deodorant to face creams, locked inside display cases, with buttons to call for staff.

The Conversation

How Overregulation Burned Out Competition in the Fire Retardant Industry

Companies chose to exit the market rather than deal with the excessive regulations baked into the industry.

Reason

Dan Morehead assembled his Princeton mafia to pile into Bitcoin at $65 in 2013, leaving Wall Street behind to build a $5 billion crypto fund

Inside the rise of Pantera Capital, from borrowing office space at Fortress to growing into one of the largest blockchain venture firms.

Fortune

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Quick Facts about Charles Cohen, Real Estate Billionaire: Net Worth, Wife, Children, and Why He May Lose His Fortune

Real estate billionaire Charles Cohen faces losing his vast fortune, including luxury assets, amid a $535 million loan default to Fortress Investment Group.

International Business Times UK

SoFi Stock Skyrockets 184% in a Year, How High Can It Go in 2025?

SoFi’s diversified business model, growing member base, and focus on high-margin, low-risk revenue streams position it well for continued growth.

Barchart

After a 142% Rise, Can SoFi Stock Keep Climbing?

SoFi is delivering exceptional growth, driven by rapid member acquisition, strong revenue expansion, and a strategic shift toward capital-light, high-margin businesses.

Barchart

After almost 18 years, Team Fortress 2 just had its toughest tournament ever, and there could be more to come

This Denver competition was one of the best showcases I've ever seen for the long-lived FPS.

PC Gamer

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Intel scores key jury ruling in $3 billion patent duel with VLSI — ruling threatens prior patent verdicts

Intel secures a jury verdict confirming that Fortress Investment Group controls VLSI Technology, a decision that may overturn more than $3 billion in patent infringement awards from Intel to VLSI.

Tom’s Hardware

Is SoFi Stock Ready for a Major Comeback?

As SoFi continues to scale, improve profitability, and attract institutional partnerships, its stock may soon begin to reflect the strength of its underlying business.

Barchart

Superman trailer #2 breakdown: 7 big details and Easter eggs you definitely missed

From Kryptonite bullets to DC comic creator tributes, Superman's latest trailer is full of missable moments.

TechRadar

Fortress ups takeover bid for hospitality chain Loungers to £354m

Fortress Investment Group said it has now made a 325p-per-share offer to buy the group after pushback from investors.

The Independent UK

Everything To Do At The Australian Open This Tennis Season That Doesn’t Include Watching Matches

Here's how to spend a day at this years 2025 Austarlian Open if you're looking to stretch your legs between the games.

Pedestrian.tv

Loungers strikes deal to be bought by US investment firm for £338m

Fortress Investment Group said it has made an offer for the UK hospitality group through a newly-formed investment vehicle.

Evening Standard

Cosy Club owner Loungers strikes deal to be bought by US investment firm

The company currently operates 262 sites in England and Wales

The Independent UK

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Evening Standard

Loungers snapped up by US private equity firm in £338 million takeover

Loungers directors said their shares were undervalued and illiquid and they have been looking for a buyer for some months

The Guardian - UK

Curzon Cinemas has been sold for a ‘bargain’ £3.9m – is this good news for UK filmgoers?

The British arthouse cinema chain has changed hands. Its new American owners would be wise to ignore industry gloom and invest in discerning movie audiences

Evening Standard

Curzon cinema chain snapped up by US owners of Majestic Wine

Curzon was founded in 1934 when the Curzon Mayfair opened and was one of the first companies to introduce international film and foreign language films to UK audiences

The Independent UK

UK arthouse cinema chain snapped up by private equity giant behind Poundstretcher

350 jobs have been secured in the deal

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Evening Standard

US private equity firm buys arthouse cinema chain Curzon

The deal will secure the future of Curzon’s 16 sites, its film distribution company and online streaming service, and more than 350 jobs.

The Guardian - UK

Curzon cinema chain acquired by Poundstretcher owner Fortress

US private equity group buys company’s 16 UK cinemas, distribution arm and online streaming service

The Independent UK

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection

The Guardian - UK

Three corkers from Majestic’s own-label range

Hats off to Majestic, they are about the last bricks-and-mortar off-licence chain standing

Top News

Sega Sammy Sells Seagaia Resort Complex To Fortress Investment Group

Sega Sammy sells Seagaia resort to Fortress Investment Group, refocusing on video game industry strengths. Strategic move in the entertainment sector.

Barchart

52-Week Highs and Lows: Buy These 3 Stocks From Wednesday’s Good News/Bad News Kind of Day

The NYSE and Nasdaq had 75 52-week highs and 109 52-week lows. The good news is that the NYSE had more highs than lows on Wednesday, while the Nasdaq did not.

The Guardian - UK

Poundstretcher sold to Majestic Wine owner Fortress

US investment firm snaps up UK discount retail chain ‘with huge potential’ for undisclosed sum

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