Adam Neumann Wants To Buy WeWork
✉️ Want to forward this article? Click here.
The founder of WeWork is looking to buy back the bankrupt coworking company.
The New York Times reported Tuesday that Adam Neumann has been trying to buy WeWork for several months.
story continues below
loading...story continues above
"Neumann’s new real estate company Flow Global is pushing WeWork to consider its takeover approach, according to a letter his lawyers sent to WeWork’s advisers on Monday," the New York Times reported. "Flow which has already raised $350 million from the venture capital firm Andreessen Horowitz, disclosed in the letter that [Daniel] Loeb’s Third Point would help finance a transaction."
Neumann stepped down as CEO from WeWork in 2019, as the company failed to go public. In November, WeWork filed for bankruptcy.
See other articles related to: wework
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/adam_neumann_wants_to_buy_wework/21940.
Most Popular... This Week • Last 30 Days • Ever
UrbanTurf is re-publishing an article with updated links that is a step-by-step way t... read »
Another missing middle development has been proposed along Brookland's main throughfa... read »
Development along the Maryland side of the Rhode Island Avenue corridor continues to ... read »
Maybe it was falling interest rates or perhaps more homes hitting the market, but buy... read »
The big residential plans in the works for the hotel site are changing a bit as the r... read »
- How to Obtain a Basic Business License For Your DC Rental
- From One Home to 9 Apartments Along Brookland's Main Drag
- The 3,000 Units in the Works From Route 1 to Hyattsville
- September Surge? Home Sales Pick Up In DC Area, But It May Not Last
- 630 to 570 Units: A Slight Change Of Plans For Arlington's Americana Hotel Development
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro