SoftBank seeks to avoid WeWork's liabilities with new investment -sources

NEW YORK (Reuters) - SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the U.S. office-space sharing firm, according to people familiar with the matter. SoftBank is offering a $5 billion financing lifeline that The We Company, the parent of New York-based WeWork, is assessing against a proposal by JPMorgan Chase & Co for a debt package of similar size from banks and institutional investors. WeWork could run out of cash as..