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March 18, 2020 12:16 am GMT

SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders

The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of its commitment to buy $3 billion in shares from existing WeWork shareholders. WeWork’s spectacular train wreck of an initial public offering was an early harbinger that the good times might be over for a cohort […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Gi9bIYeqvkQ/

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