Wednesday, September 23, 2020

How a marked-up term sheet and messy rollout threw TikTok deal into disarray

What appeared as a coup clinched by Mnuchin, a former Goldman Sachs Group investment banker, did not hold. https://ift.tt/363IO6A https://ift.tt/eA8V8J

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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...