WeWork could be gearing up for a complete takeover by its main investor, SoftBank Group Corp.
According to The Wall Street Journal, the New York-based office space company is in need of emergency-financing, and a deal with Masayoshi Son's Tokyo-based conglomerate is one option.
WeWork's board of directors is expected to meet Tuesday to consider a deal that would value the company at $8 billion — a stunning drop from its once touted $47 billion.
