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Video: Uber backers are reportedly pitching a share sale to SoftBank

The shareholders and board of Uber Technologies Inc. have reportedly discussed selling shares in the ride-hailing company to SoftBank Group Corp. and other possible investors, Bloomberg reports. Bloomberg cites sources close to the matter as saying Uber shareholders, including early investor Benchmark Capital, have approached outside investors about reducing their stakes in scandal-plagued Uber. Benchmark lead a previous effort to oust former Uber CEO Travis Kalanick. Trending: Meet the highest-paid…

Article by Riley McDermid (c) San Francisco Business News - Local San Francisco News | The San Francisco Business Times - Read full story here.