WeWork founder Adam Neumann seeks to repurchase the company amid bankruptcy exit efforts.
WeWork founder Adam Neumann is attempting to repurchase the company amid efforts to secure hundreds of millions for bankruptcy exit. His real estate firm Flow, along with financial partners, is prepared to outbid any other offers for WeWork by 10%. WeWork aims to exit Chapter 11 bankruptcy in the U.S. and Canada by May 31 and has negotiated over $8 billion reduction in rent commitments from landlords.
April 18, 2024
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