SoftBank Dumps Moody’s After a Two-Notch Downgrade

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SoftBank Dumps Moody’s After a Two-Notch Downgrade
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Moody's cuts the Japanese tech giant further into speculative territory, and questions the company’s plan to repurchase shares and debt

Credit-ratings firm cuts Japanese tech giant further into speculative territory, questions group’s plan to repurchase shares and debt

SoftBank’s longtime strategy of dumping mountains of cash on promising young companies to create big winners failed dramatically at WeWork and is inviting scrutiny into the fund’s other investments. Here’s a look at Vision Fund’s structure, and how its fast paced investment strategy could make it risky.

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