Uber Board Considers 3 Investment Offers to Buy Company's Shares

August 14, 2017

Uber's board has voted to move forward on proposals by two investment groups to buy shares in the ride-hailing service and is considering a third offer, with any final decision set to affect who gains the upper hand at the company.

Over the last week, the privately held company's board voted to take the next step on investment interest from SoftBank, the Japanese conglomerate. It is still considering an offer.. 

Read more..

Source: CNBC