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SoftBank May Bail on $3 Billion of Its WeWork Bailout

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SoftBank May Bail on $3 Billion of Its WeWork Bailout

Japanese conglomerate SoftBank is trying to backpedal from part of its bailout of tanking coworking space firm WeWork, the Wall Street Journal reported on Tuesday, citing Department of Justice and Securities and Exchange Commission investigations into the latter company’s business practices.

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Related posts:

  1. WeWork’s Reviewing 100 Leases to See Where It Can Bail
  2. SoftBank’s Vision Fund Not Feeling So Good, Will Take Nearly $17 Billion Hit Amid Pandemic
  3. The SoftBank Effect: How $100 Billion Left Workers in a Hole
  4. WeWork Can’t Pay the Rent
  5. WeWork Gets a Life Raft: Report
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