BLOOMBERG Bloomberg Pursuits December 2, 2017
Uber losses widened in the third quarter. Almost 1. 5lost billion. As reported tuesday night as part of a formal bid from a stock a group looking to buy a large portion of stock. Theres a 30 discount to its last private valuation, coming in at 69 billion. We spoke to someone intimately familiar with this, lane castleman, the former head of over in the americas, and eric newcomer. Opening salvo from softbank. 33 a share translates into this valuation and they will see if they can get enough people to meet the outstanding shares they want to acquire. What is the likelihood of them acquiring that...