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Softbank seeks control of WeWork with new investment as co-working company faces cash crunch

Softbank seeks control of WeWork with new investment as co-working company faces cash crunch

The Telegraph - By Olivia Rudgard and Hasan Chowdhury

WeWork could run out of cash before the end of the year as it continues to invest into new leases, risking an imminent takeover from SoftBank that would further wrest power from former chief executive and founder Adam Neumann. The beleaguered office space company has been looking to secure its …

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