Post-WeWork debacle, SoftBank will map out strategy to investors

SoftBank CEO Masayoshi Son will map out the company’s strategy at a New York investor meeting for the first time since WeWork’s implosion led to another huge investment in the co-working firm. Elliott Management Corp., among others, will be waiting. The activist investor called for a buyback of as much as $20 billion of the Japanese technology conglomerate’s shares, Bloomberg reported. But Son said there was “no rush,” and that he would like to sell

source https://therealdeal.com/2020/02/21/post-wework-debacle-softbank-will-map-out-strategy-to-investors/