Uber’s board of directors unanimously voted today to move forward with a proposed investment by SoftBank and Dragoneer Investment Group. The deal isn’t finalized just yet, so it’s not clear how much money the firms will invest in Uber. As TechCrunch previously reported, the amount could be between $8 billion and $10 billion.

“Today, after welcoming its new directors Ursula Burns and John Thain, the Board voted unanimously to move forward with the proposed investment by SoftBank and with governance changes that would strengthen its independence and ensure equality among all shareholders,” the board said in a statement to TechCrunch. “SoftBank’s interest is an incredible vote of confidence in Uber’s business and long-term potential, and we look forward to finalizing the investment in the coming weeks.”

https://techcrunch.com/2017/10/03/ub...ank-investment