WeWork's former CEO, Adam Neumann, proposes a $600M bid through Flow to regain control of the bankrupt company.
WeWork's former CEO, Adam Neumann, is proposing a $600M bid through his new venture, Flow, to regain control of the struggling bankrupt company. WeWork, which filed for bankruptcy in November, is facing financial challenges and requires up to $400M in fresh funding to emerge successfully. Neumann's offer comes as WeWork is trying to renegotiate hundreds of leases and avoid a potential sale.
April 19, 2024
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