October 14 - 10:10
Softbank in talks to take control of WeWork
Softbank is putting together a bid to take control of WeWork's parent company, We Co., amid a major cash crash. The attempt to save WeWork comes just weeks before its imminent collapse, according to The Wall Street Journal. Softbank isn't the only option for WeWork - WSJ also reported that there’s a plan to raise billions of debt through a process being managed by JPMorgan Chase & Co.
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