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KM Financial Solutions | UPDATE 3-Uber board strikes agreement to pave way for SoftBank investment
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UPDATE 3-Uber board strikes agreement to pave way for SoftBank investment

12 Nov UPDATE 3-Uber board strikes agreement to pave way for SoftBank investment

Posted at 00:34h in News by
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SAN FRANCISCO/NEW YORK, Nov 12 (Reuters) – Uber Technologies
Inc’s warring board members have struck a peace deal
that allows a multibillion-dollar investment by SoftBank Group
Corp to proceed, and which would resolve a legal battle between
former Chief Executive Travis Kalanick and a prominent
shareholder.

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