The office-sharing startup is capitalizing on the SPAC boom following investor rejection of the IPO due to its losses.
Elliot Management wants the group to create a subcommittee to supervise the fund’s investment process.
The company cited disastrous bets on tech companies.
OneWeb said it couldn’t obtain new funding from investors due to the financial impact of the COVID-19 pandemic.
SoftBank agreed to the bailout deal in October.
Brandless fails at a direct-to-consumer model after three years of operations and $240 million in funding.
“My own investment judgment was really bad. I regret it in many ways," CEO Masayoshi Son admits.
Vitaliy Katsenelson revered Softbank's founder and thought he'd own the company's stock for decades. Why he changed his mind is instructive for CFOs.
Adam Neumann will sell shares in the struggling office sharing startup and receive a line of credit and a consulting fee as part of a bailout deal.
With its big investment in Latin America, Softbank will have to manage significant complexity that varies greatly from market to market within the region.
The Japanese conglomerate's investment in a company whose CEO's business dealings are under fire won't derail its continuing success: Opinion.
The massive IPO, which will value the business at $63 billion, is scheduled for December 19 on the Tokyo Stock Exchange.
