Struggling shared office start up WeWork has accepted a rescue package from investor SoftBank, which will give the Japanese firm an 80% stake in the company.
WeWork will hope the deal marks the end of a troubling period for the company, which pulled out of a botched initial public offering attempt last month.
Our US Correspondent Harry Horton reports.
IN: "WeWork has quickly..."
OUT: SOC
DUR: 0"41
CLIP: http://fsnradionews.com/feeds/1023-wework-hh-gen.mp3
WeWork will hope the deal marks the end of a troubling period for the company, which pulled out of a botched initial public offering attempt last month.
Our US Correspondent Harry Horton reports.
IN: "WeWork has quickly..."
OUT: SOC
DUR: 0"41
CLIP: http://fsnradionews.com/feeds/1023-wework-hh-gen.mp3