WeWork founder Adam Neumann loses out as SoftBank scraps share buyout

WeWork founder Adam Neumann loses out as SoftBank scraps share buyout

The Japanese tech company has backed out of a plan to buy $3 billion worth of shares in the coworking startup from existing shareholders and investors, according to statements from SoftBank and a special committee of WeWork’s board. SoftBank’s chief legal officer, Rob Townsend, said in a statement on Thursday that the share purchase was […]