Exclusive: WeWork owner creates committee to decide on financing lifeline – sources

“SoftBank has proposed up to a $5 billion investment in WeWork two of the sources said” writes Midwest Communications Inc for The office-space sharing company is establishing the committee in an effort to ring-fence its financing deliberations from SoftBank’s influence, the sources said.The committee will only have two members – both We Company board directors with the task of representing the interests of all investors in the company, the sources said.

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