2 big Uber investors agree to sell shares in SoftBank deal
DETROIT (AP) " At least two big Uber stakeholders have agreed to sell part of their private shares to a group led by Japanese technology conglomerate SoftBank in a deal that lets investors cash out at a discount and could bring management stability to the troubled ride-hailing company.SoftBank said in a statement Wednesday that Benchmark Capital, Menlo Ventures and other early investors have confirmed intent to sell shares in the company. SoftBank's offer was expected to be based on a [...]
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