Startups

SoftBank won’t buy $3 billion in WeWork stock

Two weeks ago, SoftBank, which has already poured billions of dollars into the company, threatened to pull out of the stock purchase in part because of government investigations into the company. SoftBank’s payment for the shares would not have gone to WeWork but to the selling shareholders. The offer had an April 1 closing date.

from Startups-Small Biz-Economic Times
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