This commitment was made at a $47-billion valuation, but SoftBank is now seeking to renegotiate it at a valuation of less than $10 billion, sources have said.
WeWork’s board will meet on Tuesday to evaluate SoftBank’s offer, one of the sources said. JPMorgan Chase & Co has been trying to put together an alternative financing package, sources have said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Saudi Aramco is the WeWork of energyOpinion: In both cases, powerful insider interest groups had an elevated idea of valuation, and backed away when reality refused to conform to expectations
Source: nationalpost - 🏆 10. / 80 Read more »
2 winning tickets for Saturday night's $5 million Lotto 649 jackpotCheck your tickets: There were two winning tickets for Saturday night's $5 million Lotto 649 jackpot This is why Regional Lotteries need to be a thing. They even have infiltrated the lottery system... the west does not have a chance come Monday And you know they know exactly where that ticket was sold
Source: CTVNews - 🏆 1. / 99 Read more »
Elon Musk smoking pot with Joe Rogan cost Americans $5 millionNASA paid SpaceX to review workplace culture and educate employees about illegal drug use TheGrowthOp America cost Americans 5 mill. TheGrowthOp No American stupidity cost us $5 million. TheGrowthOp Who cares, he’s worth every penny...
Source: nationalpost - 🏆 10. / 80 Read more »
Harry and Meghan to take 'family time' off, says royal sourceHarry and Meghan, the Duke and Duchess of Sussex, will take a break from royal duties towards the end of the year, dividing their time between the U.S. and the U.K., a royal source has told CNN. Do the tax payers that support their lavish lifestyle also get a break or do they still have to fork out? Time off from what? They deserve it
Source: CTVNews - 🏆 1. / 99 Read more »
How Saudi Aramco is the WeWork of energyOpinion: In both cases, powerful insider interest groups had an elevated idea of valuation, and backed away when reality refused to conform to expectations
Source: nationalpost - 🏆 10. / 80 Read more »