Wework Accepts Softbank’s Takeover Plan

Reuters, New York Post: Business
Tue, 10/22/2019 - 6:31am

WeWork’s board has accepted a takeover plan proposed by SoftBank Group, handing control of the office-sharing startup to the Japanese firm, according to a source directly familiar with the matter. WeWork owner The We Company’s board was evaluating SoftBank’s offer against an alternative financing proposal from JPMorgan Chase, but decided to go with SoftBank, even...

Topics: softbank group japanese the we company s softbank s jpmorgan chase softbank softbank wework takeover plan board

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Wework Accepts Softbank’s Takeover Plan

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