Adam Neumann proposes to reacquire bankrupt WeWork for hefty sum
Image Credit: wsj
Adam Neumann, the co-founder and ex-CEO of WeWork, has reportedly proposed a bid of over $500 million to reacquire the insolvent shared office space provider. This news was initially reported by The Wall Street Journal, though the precise financial details of the acquisition are yet to be disclosed. A spokesperson from Neumann's real estate firm, Flow, confirmed the bid and indicated that it exceeded the figure reported by the publication.