SoftBank to abandon $3 billion deal for additional WeWork shares

SoftBank to abandon $3 billion deal for additional WeWork shares

6 years ago
Anonymous $9CO2RSACsf

https://www.reuters.com/article/us-softbank-group-wework/softbank-to-abandon-3-billion-deal-for-additional-wework-shares-idUSKBN21K052

Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-office operator's board said on Wednesday.

SoftBank to abandon $3 billion deal for additional WeWork shares

Apr 2, 2020, 4:13am UTC
https://www.reuters.com/article/us-softbank-group-wework/softbank-to-abandon-3-billion-deal-for-additional-wework-shares-idUSKBN21K052 >Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-office operator's board said on Wednesday.