Adam Neumann has submitted a $500 million bid to acquire WeWork out of bankruptcy. According to CNBC, it "could go up to $900 million pending due diligence." From the report: Neumann's financing was not immediately clear, although people familiar with the matter told CNBC that Dan Loeb's Third Point was not involved in the offer. Neumann's counsel had previously said that Loeb's inves ... ⌘ Read more
Adam Neumann has submitted a $500 million bid to acquire WeWork out of bankruptcy. According to CNBC, it "could go up to $900 million pending due diligence." From the report: Neumann's financing was not immediately clear, although people familiar with the matter told CNBC that Dan Loeb's Third Point was not involved in the offer. Neumann's counsel had previously said that Loeb's inves ... ⌘ Read more