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Tony Owusu: The NASDAQ is alone major index trading in the red on Tuesday, a day after it was the market's highest performer. The Dow Jones and S and P 500 were both trading nominally higher, but the Dow was being weighed down by McDonald's, which missed on its quarterly earnings and was dropping 3% on Tuesday. WeWork had the biggest news of the day today however, after the company accepted a bid from SoftBank, which already owns about a third of the company shares and rejected at a competing bid from J P Morgan, which was supposedly valued at about $5 billion. The SoftBank bid values, WeWork at $8 billion and includes a $1.7 billion payout to form CEO and current chairman, Adam Neumann. Neumann will receive a $1 billion stock buyback, a $500 million line of credit, and another $185 million for a consulting fee. Facebook shares were falling Tuesday after New York State Attorney General, Letitia James updated her antitrust probe into the company and announced that there were 47 different attorney generals that have signed on to the antitrust probe. And the probe was already announced back in September, but this is just an update into what the activities will be and announcing some of the new members who have signed on to the probe. Facebook shares were down at a point and a half on the news.

SoftBank Group (SFTBY) won approval from the board of WeWork to take control of the office space rental operator, according to multiple news reports, as WeWork chose SoftBank's rescue package over a competing offer from JPMorgan Chase (JPM - Get Report) .

We Co. reportedly was in danger of running out of cash before the end of the year, necessitating a bailout from SoftBank. The deal is expected to value WeWork at about $8 billion, a far cry from its previous valuation earlier this year of more than $45 billion.

SoftBank will purchase nearly $1 billion of privately traded We stock from co-founder and former CEO Adam Neumann, who will also receive a $500 million credit line to help him repay a loan facility of the same amount led by JPMorgan. Neumann also will receive a $185 million consulting fee, according to the Journal.

Shares of Facebook (FB - Get Report)  were falling Tuesday after it was revealed that 47 different state attorneys generals have now signed on to an antitrust probe that was first announced in September.

The attorneys general of Colorado, Florida, Iowa, Nebraska, North Carolina, Ohio, Tennessee and the District of Columbia have joined New York Attorney General Letitia James on the leadership team investigating the company.

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