SoftBank CEO Talks To Investors, Promises To Be More 'Careful'

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SoftBank Group Corporation (OTC: SFTBY) Chairman and CEO Masayoshi Son on Monday told investors that he would be more "careful" with his investment decisions going forward, Reuters reported.

What Happened

"I promise you I'll start to be more careful and listen. My view doesn't change, but my behavior becomes a little more careful," Son told investors at an event in Manhattan, sources told Reuters.

Son told the attendees that he didn't pay enough heed to the opinion of investors and other board members, according to Reuters. The billionaire added that the company's stock trading at a discount against the value of its portfolio …

Full story available on Benzinga.com

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