GM buys SoftBank Imaginative and prescient Fund 1's stake in Cruise for $2.1B, growing GM's possession to 80%, and says the corporate will make investments one other $1.35B in Cruise (David Welch/Bloomberg)
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David Welch / Bloomberg:
GM buys SoftBank Imaginative and prescient Fund 1’s stake in Cruise for $2.1B, growing GM’s possession to 80%, and says the corporate will make investments one other $1.35B in Cruise — Common Motors Co. purchased out the SoftBank Imaginative and prescient Fund 1’s stake in self-driving startup Cruise LLC for $2.1 billion …
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