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SoftBank May Lose Uber Board Seats After U.S. Security Review

Uber is heading quickly toward its IPO. When the day finally arrives, Japanese investor SoftBank may lose its two board seats. Chris Ratcliffe / Bloomberg

Skift Take: It doesn’t look good for SoftBank. The U.S. Committee on Foreign Investment has immense power under President Trump and has been cracking down on foreign investment. This puts overseas investors in a very uncertain position, which could lead to fewer international business deals.

— Isaac Carey

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