Ousted Co-Founder Bids Over $500 Million To Buy Back WeWork: Report
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WeWork went into bankruptcy in November with its major creditors set to take control of the company.
Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday.
Neumann recently submitted the offer, but it was not clear how he would finance such a deal, the Wall Street Journal and CNBC reported, citing sources close to the matter.
Neumann is seeking to buy the company out of bankruptcy, according to a letter to WeWork seen by AFP last month.
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