May 3, 2024, 1:30 PM
Apr 29, 2024, 3:39 PM
WeWork settles disputes and rejects Adam Neumann's bid
- WeWork reaches a settlement with creditors and rejects Adam Neumann's $650 million bid.
- The restructuring plan includes handing over company equity to senior lenders and canceling $4 billion in debt.
- All major creditors support the restructuring, putting WeWork on track to exit bankruptcy by end of May.
Opinions
You've reached the end