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WeWork sues SoftBank for bailing on $3 billion share buyout agreed to in October WeWork's special board is pushing back, saying in its lawsuit that SoftBank was facing an "increasingly dire" financial situation and took "desperate" ...
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WeWork taps JLL, Newmark to help negotiate rent relief WeWork had been aiming to lower rent costs and shift its leases to management agreements well before the coronavirus pandemic. Its massive real ...
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Wily Masa Son Made Damned Sure He Wouldn't Have To Throw Away Another $3 Billion On ... This, Son said, was because WeWork had failed to meet the conditions set for the tender offer by the April 1 deadline, notably due to a host of new ...
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TJ Maxx announced furloughs, pay cuts WeWork sues SoftBank over scuttled stock deal. WeWork has filed a lawsuit against SoftBank Group Corp., its biggest shareholder, after the Japanese ...
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WeWork Isn't Paying Some April Rent as It Seeks Landlord Relief WeWork hasn't paid April rent for some of its locations and is approaching landlords regarding rent abatements, revenue-sharing agreements and ...
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Afternoon News Roundup: Thailand's RISE raises US$8M; WeWork sues SoftBank WeWork sued SoftBank for pulling out of a US$3B deal on the ground of 'pending criminal and civil investigations' into the company. RISE raises ...
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WeWork didn't pay some April rent - Bloomberg Last summer, WeWork revealed rent liabilities of $47B ahead of its failed IPO. WeWork spokesperson: "Rather than implementing a companywide policy ...
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WeWork sues SoftBank for backing out of deal Office-sharing giant WeWork on Tuesday sued SoftBank claiming the Japan-based technology investment group breached its contractual obligations ...
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Leaked documents from Knotel show the WeWork competitor struggled to hit financial targets well ... WeWork competitor Knotel missed financial targets as recently as the fourth quarter of 2019, well before the coronavirus hit, according to a leaked ...
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Consumer Sector Update for 04/08/2020: PRTY, TAL, LEVI, MCD, WMT, DIS, CVS, KO WeWork alleged that Softbank is avoiding completion of the tender offer under increasing pressure from activist investors. "Softbank first tried to thwart ...
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WEB | |||||||
Financial Times on Twitter: "WeWork sues SoftBank for backing out of $3bn deal https://t.co ... ... your follow request to @FT. More. Copy link to Tweet; Embed Tweet. WeWork sues SoftBank for backing out of $3bn dealhttps://on.ft.com/2URyXdK ...
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