SoftBank is looking to whittle down its WeWork rescue package. The $9.5 billion agreement has drawn ire from WeWork employees because of a generous payout to founder and former CEO Adam Neumann, according to Bloomberg. SoftBank has already provided a $1.5 billion investment to the struggling co-working giant, which abandoned IPO plans in September. But as The Real Deal reported last week, Masayoshi Son’s company has delayed a $3 billion tender offer to WeWork. The
source https://therealdeal.com/2019/11/22/softbank-wants-to-reduce-wework-rescue-package/
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