28-10-2020 21:05 via uk.finance.yahoo.com

SoftBank attempted to delay WeWork's $3 billion share purchase - court filing

The transcript, part of a Delaware court filing, provides new details on the decision by SoftBank to scrap a $3 billion tender offer to repurchase stock from existing shareholders, including founder Adam Neumann and employees.A WeWork board committee that negotiated the tender offer sued SoftBank in April over that decision, accusing the Japanese company of "buyer's remorse" amid the coronavirus outbreak.The transcript includes an undated text exchange between Son and Marcelo Claure, who he inst
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