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Uber board strikes agreement to pave way for SoftBank investment

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Completing the SoftBank deal would be a major victory for Uber's new CEO, Dara Khosrowshahi, who often served as a mediator to help broker the agreement.

San Francisco

UBER Technologies Inc's warring board members have struck a peace deal that allows a multibillion-dollar investment by SoftBank Group Corp to proceed, and which would resolve a legal battle between former chief executive Travis Kalanick and a prominent shareholder.

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