SoftBank likely to abandon $3b deal with WeWork investors

SoftBank likely to abandon $3b deal with WeWork investors

WeWork at Shoreditch, London. Photo by Uygar Kilic on Unsplash

SoftBank Group Corp. plans to let the deadline for a $3 billion deal with WeWork shareholders expire without completing the agreement to buy more equity, despite threats of legal action from some members of the company’s board, according to people familiar with the matter.

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