Google Alert - Wework

	Wework Daily update ⋅ October 23, 2019
	NEWS
	SoftBank announces it will own 80% of WeWork and provide billions to keep it operating USA TODAY SoftBank Group Corp. is taking control of WeWork and providing the office-space startup with billions to keep it operating. In a press release Tuesday ... SoftBank takes 80% ownership of WeWork, announces $5 billion in new financing package - CNBC WeWork's Adam Neumann offered package worth up to $1.7 billion to step down from board - CNBC WeWork is set to weigh last-ditch financing options - CNN Full Coverage Flag as irrelevant
	Neumann to Get Up to $1.7 Billion to Exit WeWork as SoftBank Takes Control Wall Street Journal SoftBank Group Corp. is set to take control of WeWork after securing a deal that could hand co-founder Adam Neumann a nearly $1.7 billion windfall ... Flag as irrelevant
	WeWork's $47 billion valuation was always a fiction created by SoftBank CNBC When business school professors are writing their WeWork case studies years from now, one of the biggest practical lessons may be this: WeWork ... Flag as irrelevant
	How SoftBank plans to save WeWork Axios He'll also get a line of credit to help soften his existing liabilities, and get to participate big in a $3 billion tender offer for existing WeWork shares (at ... Flag as irrelevant
	WeWork Needed a Bailout—But Adam Neumann Still Leaves a Billionaire Bloomberg WeWork's value has tumbled, about 2,000 employees are being cut and many investors are nursing losses after the firm's bailout. But founder Adam ... Flag as irrelevant
	WeWork Documentary in the Works from Business Insider Hollywood Reporter WeWork — the embattled shared workspace startup that currently finds itself in dire financial straits — is getting the documentary treatment. Campfire ... Flag as irrelevant
	DealBook: WeWork's Lifeline Could Wipe Its Valuation by $39 Billion The New York Times SoftBank would slash WeWork's valuation to just under $8 billion, having valued the company at $47 billion in January. That's a huge fall for WeWork, ... Flag as irrelevant
	WeWork is the largest 'flex-space' operator in the US — and the real estate sector is slated to only ... Business Insider Nordic Flexible space, or flex space, is a term used to describe the flexible use of space in industrial or commercial buildings to boost portfolio flexibility, ... Flag as irrelevant
	WeWork Staff, Facing Job Cuts, Express Outrage at Founder Payout Bloomberg WeWork will narrowly avoid financial ruin and in the process, reward its former leader, Adam Neumann, with as much as $1.2 billion. The reaction from ... Flag as irrelevant
	Adam Neumann built a global coworking empire. These are the cities with the most WeWork offices ... Business Insider Nordic SoftBank, WeWork's largest investor, will take control of the company, according to The Wall Street Journal. Former CEO and founder Adam Neumann ... WeWork founder Adam Neumann: the controversial brains behind the 'capitalist kibbutz' - Telegraph.co.uk Full Coverage Flag as irrelevant
	WEB
	WeWork board accepts SoftBank rescue deal: Source The Economic Times Reuters reported on Monday that SoftBank had offered a package worth nearly $10 billion to WeWork and its shareholders under a plan that would ... Flag as irrelevant
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