WeWork Is Foundering While Softbank Struggles With Its Bailout
Bloomberg reported Softbank Group (9984 JP) finally has launched its $3 billion tender offer for The We Company (WeWork) (WE US) shares, according...
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Softbank Understandably Has Second Thoughts on WeWork Valuation Which We Now Place at $3bn
Softbank is reportedly looking into the possibility of lowering its offer for WeWork shares it does not own even as it is in discussions with its...
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WeWork Bondholders Brace for Softbank's Rescue Plan--In Silence
As I expected, The We Company (WeWork) (WE US) has gone silent (see The Tide Is Out and WeWork Bondholders Are Naked). Given the urgency of...
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Softbank G: We Company Deal Is Wrong on so Many Levels
Softbank announced it would boost its stake in We Company to 80% through the purchase of new and existing shares plus the contribution of its...
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Softbank: WeWork Rescue Looks Like Desperation to Save Vision Fund 2
After a back and forth between alternative rescue packages put forth by both JP Morgan and Softbank, WeWork has apparently settled for the option...
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