WeWork sues SoftBank for dropping $3b tender offer

WeWork sues SoftBank for dropping $3b tender offer

WeWork at Shoreditch, London. Photo by Uygar Kilic on Unsplash

A WeWork board committee that negotiated a $3 billion tender offer with SoftBank Group sued the Japanese conglomerate on Tuesday for abandoning the deal, accusing it of succumbing to “buyer’s remorse” amid the novel coronavirus outbreak.