Financial Times FT.com

Fortress share fall could result in delisting

By Henny Sender in New York

Published: January 6 2009 00:14 | Last updated: January 6 2009 00:14

Shares in Fortress Investment Group, the first private equity and hedge fund firm to list nearly two years ago, rose Monday amid speculation that the group may opt to go private once more. Shares in Fortress, which fell below $1 on Friday, closed at $1.90 on heavy volume Monday.

With Fortress’s market capitalisation about $770m, it would not be prohibitively expensive for Fortress principals to take their company private once more.

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