Tag: hoping

  • SoftBank makes another bet on WeWork, hoping landlords will too

    WeWork’s largest stakeholder, SoftBank, is behind a $3 billion debt-for-equity exchange agreement, according to the most recent development in the company’s story. This audacious action is indicative of SoftBank’s resolute attempts to salvage some of its enormous assets while trying to turn around the struggling office space supplier. WeWork’s financial difficulties can be attributed to…