SoftBank confirms it's abandoning a $3 billion WeWork deal - Business Insider

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SoftBank confirms abandoning its plan to buy $3 billion worth of WeWork shares, citing 'significant' criminal and civil investigations

Michael Kovac/Getty Images for WeWork

SoftBank said on Thursday it would be "irresponsible" to continue with the deal under the circumstances. Townsend added that WeWork had not met certain conditions, "leaving SoftBank no choice but to terminate the tender offer."

 

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We”work” was run by people one sandwich short of a picnic 🧺 they probably think the virus is a hoax by 14 foot lizards 🦎 in human suits like the queen of England

Bullish

Gotta cut WeWork losses now. Better sooner than later.

Yoh...😳

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