SoftBank drops plan to pick controlling stake in WeWork, to make smaller $2b investment

SoftBank drops plan to pick controlling stake in WeWork, to make smaller $2b investment

Pedestrians pass outside a shared office space, operated by WeWork Cos Inc., in London, U.K., on Monday, Aug. 14, 2017. Photographer: Jason Alden/Bloomberg via Getty Images

SoftBank Group Corp. has decided against taking a controlling stake in real estate company WeWork Cos. and is instead planning to make a smaller $2 billion investment, according to people familiar with the matter.

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