| April 2nd | 2020 3:38AMJapan's SoftBank ends WeWork tender, remains behind bailout
TOKYO (AP) — Japanese technology company SoftBank Group Corp. called off its offering of up to $3 billion worth of shares in office-space rental venture WeWork, though it remains committed to its $5 billion bailout of the financially troubled company.
The main loser in the offer's failure is WeWork founder Adam Neumann, who quit the company last year, but owns about half the shares that were up for offer, according to SoftBank.
