October 22, 2019
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Tuesday!!
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SoftBank founder Masayoshi Son vowed tonight to “double down” on its investment in WeWork as he confirmed plans for a $9.5 billion rescue package that will provide up to $1.7 billion to WeWork cofounder Adam Neumann in exchange for cutting most ties with the company and will give SoftBank an 80 percent stake in the business. In a statement tonight in New York, SoftBank said it would “accelerate” WeWork’s path to profitabi
Top News
SoftBank founder Masayoshi Son vowed tonight to “double down” on its investment in WeWork as he confirmed plans for a $9.5 billion rescue package that will provide up to $1.7 billion to WeWork cofounder Adam Neumann in exchange for cutting most ties with the company and will give SoftBank an 80 percent stake in the business. In a statement tonight in New York, SoftBank said it would “accelerate” WeWork’s path to profitabi
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