SoftBank is selling Wag stake back to company: WSJ

“We are amicably parting ways with SoftBank and SoftBank will no longer have board representation,” Chief Executive Garrett Smallwood said in a memo to employees, the report said. Wag, which earlier this year laid off several dozen employees, is letting go a significant amount of the remainder of its workforce, the report said. SoftBank and Wag Labs did not immediately respond to Reuters request for comment. …read more

Source:: Yahoo Finance

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