The upcoming bid will give SoftBank — which already owns one-third of The We Company — majority control of the co-working space rental business. However, sources say it's not the only pitch WeWork is receiving. They suggest that there's another plan currently being worked on to raise billions through a deal managed by JPMorgan Chase & Co. In this regard, a WeWork spokesperson issued the following statement in an email: "WeWork has retained a major Wall Street financial institution to arrange a financing. Approximately 60 financing sources have signed confidentiality agreements and are meeting with the company's management and its bankers over the course of this past week and this coming week."