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SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders

Mimi Sabreena 8:38:00 AM Business

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The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of its commitment to buy $3 billion in shares from existing WeWork shareholders. WeWork’s spectacular train wreck of an initial public offering was an early harbinger that the good times might be over for a cohort …

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