A WeWork co-working office space in New York, US, on Tuesday, Nov. 7, 2023. Yuki Iwamura | Bloomberg | Getty Images WeWork, the shared office space company once valued at $47 billion, emerged from bankruptcy on Tuesday, and named Cushman & Wakefield executive John Santora as its new CEO. WeWork filed for Chapter 11 bankruptcy … Read more
Adam Neumann of WeWork and Victor Fung Kwok-king, right, chairman of Fung Group, attend a signing ceremony at WeWork’s Weihai Road location on April 12, 2018 in Shanghai, China. Jackal Pan | Visual China Group | Getty Images Adam Neumann has submitted an unsolicited bid in excess of $500 million to acquire WeWork out of … Read more
Adam Neumann wants to buy real-estate company WeWork, the company he co-founded in 2010 and that ousted him nine years later, out of bankruptcy citing the support of “well-known capital sources” including Dan Loeb’s Third Point. But the hedge fund told CNBC that it had not committed any financing and that discussions with Neumann were … Read more
