SoftBank to invest $1 billion in sports retailer Fanatics amid aggressive spending spree
Online sports merchandise retailer Fanatics is the latest company to get a cash infusion from SoftBank, a source close to the matter told CNBC. SoftBank and Fanatics are close to sealing a $1 billion deal, raising Fanatics' valuation to $4.5 billion. The Wall Street Journal previously reported the news. The NFL also invested about $95 million and Major...