Previous close | 0.6000 |
Open | N/A |
Bid | 0.0000 |
Ask | 4.3000 |
Strike | 1.00 |
Expiry date | 2024-06-21 |
Day's range | 0.6000 - 0.6000 |
Contract range | N/A |
Volume | |
Open interest | N/A |
(Bloomberg) -- WeWork Inc. won bankruptcy court approval to shed billions in debt, drop unprofitable leases from its office workspace portfolio and leave behind the legacy of co-founder Adam Neumann.Most Read from BloombergDonald Trump Becomes First Former US President Guilty of CrimesWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarSouth Africa Election Results With 29% Voting Districts InInsurers Sink as UnitedHealth Sees ‘Disturbance’ in Medicaid‘Not Gonna Be Pretty:’ Covid-Era
According to a report from the The Wall Street Journal, WeWork (WEWKQ) co-Founder and former CEO Adam Neumann is looking to buy back his company for $500 million. The company suffered after the advent of remote work and filed for bankruptcy in November of 2023. Yahoo Finance Anchor Madison Mills breaks down the timeline of WeWork's fall and how it arrived at Neumann's $500 million valuation. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
According to a Wall Street Journal report, WeWork (WEWKQ) Co-Founder and former CEO Adam Neumann is seeking to buy back the company he once led. Neumann has reportedly submitted a bid to acquire WeWork for a staggering $500 million, coming as the company fights to improve its financial performance after filing for bankruptcy back in November. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith