Confirming earlier reports, The We Company and SoftBank Group agreed to a new capital infusion which will see SoftBank committing $5 billion in new financing and issuing a tender offer for another $3 billion in buybacks for shareholders.
from Pocket https://techcrunch.com/2019/10/22/wework-confirms-an-up-to-8-billion-lifeline-from-softbank-group-names-new-executive-chairman/
via TV Aerials Leeds
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