Bill Ackman says SoftBank (OTCPK:SFTBF,OTCPK:SFTBY) “should have walked away” from WeWork (WE), according to FT sources.
The hedge fund manager spoke yesterday at the Robin Hood investor conference: “I think WeWork has a pretty high probability of being a zero for the equity, as well as for the debt.”
He also sees WE as “putting good money after bad.”
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