Former WeWork CEO Adam Neumann, with Third Point, explores deal to buy back WeWork amid dissatisfaction with bankruptcy process.

Former WeWork CEO Adam Neumann is exploring a deal to buy back the office-sharing company after expressing his dissatisfaction with its bankruptcy process. Neumann has partnered with Dan Loeb's Third Point and plans to submit a purchase proposal. However, Third Point has not committed to the purchase yet. WeWork's current spokesperson highlighted the company's position, stating that regular expressions of interest from external parties are received, and their primary objective is to act in the company's best interests to ensure it remains an independent, valuable, financially strong, and sustainable entity for the long term.

February 06, 2024
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