A sale is an option: SoftBank lays Bare its plans for Fortress Investment Group

SoftBank has yet to decide on a preferred bidder for Fortress Investment Group, which owns stakes in hedge funds including Perry Capital LLC and private-equity fund Cerberus Capital Management LP, one of the people said. Representatives for Fortress, the Tokyo-based company, and SoftBank declined to comment. Cerberus Capital Management LP, a Fortress investor since 2007, …