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WeWork Would Be Valued at $7.5-$8 Billion in SoftBank Deal

By Carleton English
· · Source: The Wall Street Journal

SoftBank, the company largely responsible for WeWork attaining a lofty valuation, might soon find itself the owner of the cash-burning company that had to abandon its bid to go public. SoftBank has proposed taking control of WeWork in a deal that would value the beleaguered co-working company at a fraction of its value when the Japanese conglomerate last invested in January. But JPMorgan is...

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