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Refile-how Softbank Made Wework An Offer It Had To Accept
By Mike Spector, Joshua Franklin, Greg Roumeliotis and Anirban Sen.: NEW YORK, Oct 25 (Reuters) - Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers in anticipation of one of this year’s most high-profile initial public offerings. By October, with the IPO abandoned and his office-space sharing company bleeding cash, Neumann found himself late on a Sunday evening pleading with WeWork’s largest lender for a $5 billion lifeline, people familiar with ... Full investment news article
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How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] Full investment news article
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