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Co-working space startup WeWork has filed a lawsuit against its biggest investor SoftBank for cancelling a $3 billion tender offer for WeWork shares. "SoftBank's wrongful action constitutes both a breach of contract and a breach of fiduciary duty to WeWork's minority stockholders and hundreds of current and former employees," WeWork said. SoftBank had proposed the offer in November 2019.
short by Pragya Swastik / 09:05 pm on 07 Apr
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