Report: SoftBank to take control of WeWork
NEW YORK (AP) — The Wall Street Journal is reporting that WeWork is being taken over by the Japanese tech conglomerate that invested billions in the company before its botched effort to go public.
The shared-office space company is facing a severe cash crunch with its valuation, what investors are willing to pay for shares, plunging.
The Wall Street Journal, citing sources it did not identify, reported Tuesday that WeWork co-founder Adam Neumann will walk away with close to $2 billion from
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