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(Bloomberg) -- Some owners of WeWork Inc.’s more than 700 properties are objecting to the company’s plans to shut down many of its locations in bankruptcy. Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomOpenAI in ‘Intense Discussions’ to Quell Potential MutinyHigher Interest Rates Are Shattering Housing Dreams Around the WorldObj

Table of Contents WeWork Inc. THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2023 TABLE OF CONTENTS ...

SoftBank, which floated a little less than 10% of Arm shares in the IPO, had ¥6.7 trillion ($45 billion) in cash and cash equivalents as of end-September. That cash piles prompted a flurry of new investments by SoftBanks billionaire founder Masayoshi Son, as well as talks with OpenAIs ousted co-founder Sam Altman about helping to fund a possible chip startup.

WeWork Inc.’s base of Orange County properties, already slimmed down from several years ago, have thus far been largely untouched by the company’s bankruptcy filing this month.

Moody’s On Softbank: But Arm’s September initial public offering lifts the proportion of SoftBank’s listed assets, Moody’s said in a report Monday. Along with telecom unit SoftBank Corp. and Alibaba Group Holding Ltd., SoftBank’s listed assets now make up more than 60% of its total portfolio value, it said.