SoftBank bailout would give it control of WeWork: sources
World BusinessOct 17, 2019
NEW YORK (AFP) -- Japan's SoftBank Group has prepared a financing plan that would give it control of WeWork as the office sharing startup seeks badly- needed financing, sources told AFP Monday.The plan would give SoftBank, which is controled by billionaire Masayoshi Son, more than 50 percent of WeWork and further limit the influence of former chief executive and co-founder Adam Neumann, said sources who spoke on the condition of anonymity.Neumann stepped down as chief executive in September amid