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SoftBank says it could walk away from an Uber deal (Recode)

November 14, 2017

In a likely attempt to increase its negotiating leverage ahead a $10 billion deal, SoftBank said it could easily jettison the Uber transaction that in principle was struck on Sunday, Recode reported. If the price offered by SoftBank per share is too low — and not enough sellers are willing to sell — then the transaction would fail, Uber’s proposed governance reforms would fade away and the human cloud ride-sharing company would be back to square one.