WeWork sues SoftBank for dropping $3 billion tender offer

Business / Corporate Apr 8, 2020

WeWork sues SoftBank for dropping $3 billion tender offer

A WeWork board committee that negotiated a $3 billion (¥326.4 billion) tender offer with SoftBank Group sued the conglomerate Tuesday for abandoning the deal, accusing it of succumbing to "buyer's remorse" amid the novel coronavirus outbreak. The tender offer was part of a $9.6 billion ...