WeWork troubles deepen as SoftBank pulls share offer

SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, drawing threats of legal action and plunging the floundering office space company further into crisis......»»

WeWork is suing SoftBank Group Corporation, (OTC: SFTBY) after it canceled plans to purchase $3 billion of WeWork’s shares. read more.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

WeWork's co-founder and former CEO Adam Neumann on Monday sued SoftBank Group Corp. (OTC: SFTBY) for breach of contract. read more.....»»

WeWork co-founder Adam Neumann filed a lawsuit against Japan's SoftBank Group Corp and its Vision Fund on Monday for terminating a $3 billion tender offer to the office-sharing startup's shareholders......»»

Eduardo Munoz/Reuters Disgraced ex-WeWork CEO Adam Neumann reportedly intends to sue the coworking firm's major .....»»

A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday for abandoning the deal, accusing it of succumbing to "buyer's remorse" amid the novel coronavirus outbreak......»»

WeWork's owner, The We Company, has sued SoftBank Group , challenging its largest shareholder's decision to terminate a $3 billion tender offer for shares in the office-space sharing firm......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

WeWork special committee files lawsuit against SoftBank after tender offer falls through.....»»

WeWork special committee files lawsuit against SoftBank after tender offer falls through.....»»

WeWork parent The We Co. said Tuesday it has filed a lawsuit against SoftBank Group Corp. , alleging SoftBank breached obligations when it failed to complete the tende.....»»

The special committee on the board of The We Company, which operates office-sharing startup WeWork, filed a lawsuit against its largest shareholder SoftBank Group Corp on Tuesday, challenging its decision to terminate a $3-billion tender offer......»»

The We Company has filed a lawsuit against its largest shareholder SoftBank Group, challenging its decision to terminate a $3-billion tender offer......»»

WeWork Founder Loses 'Billionaire' Status, Threatens Lawsuit As SoftBank Pulls $3BN Invest.....»»

Michael Kovac/Getty Images for WeWork SoftBank confirmed on Thursday it will back away from a $3 billion tender offer to WeWork shareholders. .....»»

SoftBank Group Corp said it has terminated a $3 billion tender offer for additional WeWork shares agreed last year with shareholders, including ousted co-founder Adam Neumann, drawing threats of legal action from other board members......»»

Japan's SoftBank Group Corp will not complete a $3 billion tender offer for additional WeWork shares agreed last year with its shareholders, a special committee of the U.S.-based shared-office operator's board said on Wednesday......»»

The special committee of WeWork's board is preparing for a fight against Japan's SoftBank Group Corp saying that SoftBank should complete its tender offer promised to the office sharing company's employees and shareholders......»»

In an email on Sunday, the special committee to the WeWork board said that it's attempting to ensure that SoftBank complete its tender offer as promised......»»