Wednesday, November 29, 2017

SoftBank Is Said to Offer to Buy Uber Shares at a Steep Discount

Source: https://www.nytimes.com/2017/11/27/technology/softbank-uber-shares.html?partner=rss&emc=rss
November 28, 2017 at 05:28AM

The Japanese conglomerate began a tender offer at a valuation of $48 billion, far below the ride-hailing company’s last valuation of nearly $70 billion.

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