Adam Neumann might leave with a smaller payout than expected as SoftBank looks to prune its WeWork rescue deal
SoftBank hasn't made a decision and could proceed with the original tender offer, Bloomberg reported. WeWork could take legal action if it tries to change the terms of the deal, one source told the news outlet.
The $9.5 billion rescue deal consists of the $3 billion tender offer, the acceleration of a $1.5 billion warrant — which SoftBank CEO Masayoshi Son spoke with lawyers about reneging on but was told he couldn't,US consumer sentiment hits highest level since July as rate cuts boost optimism »
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