The takeover will reportedly value WeWork at around $7.5 billion and hand SoftBank approximately 70 percent of the company. ICNY 2020 ICNY2020. Real estate's premier event. Show Comments Hide Comments Comments Sign up for Inman’s Morning Headlines What you need to know to start your day with all the latest industry developments Sign me up Success! Thank you for subscribing to Morning Headlines. Read Next Compass CEO: No plans for IPO in next 18 months Compass and Opendoor CEOs won't attend controversial Saudi tech conference this month Opendoor appoints new batch of executives, board members SoftBank CEO 'embarrassed' by results of his tech investments More in Technology For Compass, 2019 was about tech Move over Phoenix, Los Angeles is latest battleground for real estate tech PhotoPerfect app has some highlights and some low points Inman News quiz: Think you're on top of the week's biggest stories?