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WeWork Rejects Adam Neumann's Acquisition Bid, Unveils Restructuring
mardi 30 avril 2024, 02:02 , par Slashdot
The majority of the funding -- $337 million, to be exact -- would come from Cupar Grimmond, and SoftBank would still own a stake in the company, according to the outlet. But Neumann, who has recently expressed interest in purchasing WeWork for more than $500 million, doesn't plan to go down without a fight. 'After misleading the court for weeks, WeWork finally admitted it is trying to sell the company to a group led by Yardi for far less than we are continuing to propose,' Susheel Kirpalani, an attorney for Neumann's new real estate startup Flow Global, told Business Insider in a statement, adding, 'so we anticipate there will be robust objections to confirming this plan.' Read more of this story at Slashdot.
https://news.slashdot.org/story/24/04/29/2159200/wework-rejects-adam-neumanns-acquisition-bid-unveil...
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