Uber board says it approved 'equality' among shareholders and will move forward with Softbank deal
Advertisement
Uber's board of directors issued the following statement on Tuesday:
Advertisement
Advertisement
"Today, after welcoming its new directors Ursula Burns and John Thain, the Board voted unanimously to move forward with the proposed investment by SoftBank and with governance changes that would strengthen its independence and ensure equality among all shareholders. SoftBank's interest is an incredible vote of confidence in Uber's business and long-term potential, and we look forward to finalizing the investment in the coming weeks."
Next StoryAdvertisement
I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
Audi to hike vehicle prices by up to 2% from June
Kotak Mahindra Bank shares tank 13%; mcap erodes by ₹37,721 crore post RBI action
Rupee falls 6 paise to 83.39 against US dollar in early trade
Markets decline in early trade; Kotak Mahindra Bank tanks over 12%
An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
