Exclusive: WeWork owner creates committee to decide on financing lifeline - sources
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NEW YORK (Reuters) - WeWork owner, The We Company, has formed a special board committee to consider proposals for a $5 billion financing lifeline from its largest shareholder SoftBank Group Corp and its main lender JPMorgan Chase & Co , four people familiar with the matter said on Wednesday.The office-space sharing company is establishing the committee in an effort to ring-fence its financing deliberations from SoftBank's influence, the sources said. The Japanese technology conglomerate owns..