UPDATE 5-SoftBank clinches WeWork takeover deal, bailing out co-founder
SoftBank Group Corp agreed to
spend more than $10 billion to take over U.S. office-space
sharing startup WeWork on Tuesday, doubling down on an ill-fated
investment and paying off its co-founder Adam Neumann to
relinquish control.
spend more than $10 billion to take over U.S. office-space
sharing startup WeWork on Tuesday, doubling down on an ill-fated
investment and paying off its co-founder Adam Neumann to
relinquish control.
Posted by Reuters
