Son Style: Asset Sales and Fund Manager

son style: Many investors had been hoping Son would use cash from recent asset sales to buy back shares or pay down its hefty debt, so Soft Bank Tokyo shares were hit by a glut of sell orders on Tuesday morning, trading down almost 11 percent, according to Euro News. A fresh acquisition is not what the market wants from Soft Bank, said Mitsushige Akino, chief fund manager at Ichiyoshi Asset Management. But in the way it was struck and presented, they all recognised the signature style of the man whose chutzpah led to successes like early investments in Yahoo! and Chinese e-commerce company Alibaba , which briefly made him Japan richest man. It Mr. Others take the longer view. Son style to keep expanding, but isn't he stretching too much Investors fret the purchase of ARM, Japan largest ever outbound deal, may be too much for Soft Bank, still in the throes of turning around U.S. carrier Sprint and tackling a $112 billion debt pile. (news.financializer.com). As reported in the news.

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