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  • Safi Bello

SoftBank says that Benchmark and Menlo intend to sell Uber shares

Techcrunch --------- SoftBank Group has confirmed that it has found likely sellers for the tender offer for Uber’s shares, which launched tonight. These are the shares from existing shareholders that will be sold at more than a 30% discount to Uber’s last private round. The Japanese investment firm provided us with the following statement. “SoftBank and Dragoneer have received indications from Benchmark, Menlo Ventures, and other early investors of their intent to sell shares in the tender offer. Any sales by these shareholders will be pursuant to the same terms and conditions as will be offered to all other eligible holders that participate in the tender offer.” To learn more click on the picture below to read the article.

SoftBank says that Benchmark and Menlo intend to sell Uber shares - Read More from Techcrunch

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