Cushman & Wakefield Hires Tysons-Based Tenant Broker From WeWork
... . After the IPO was officially shelved in October and CEO Adam Neumann was ousted, WeWork halted its leasing activity. Prior to his ...
May 18, 2020
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WeWork, Once Valued At $47B, Is Now Worth Less Than $3B, SoftBank Says
... from roughly $8B when SoftBank ousted CEO and co-founder Adam Neumann and from $47B early last year. SoftBank revealed its $100B ...
May 18, 2020
News
WeWork Says It Has Paid 80% Of Rent, As SoftBank Battle Heats Up
... benefited a number of WeWork shareholders, including ousted company founder Adam Neumann, who stood to sell his stake to SoftBank for $970M ...
May 12, 2020
News
SoftBank Expects Up To $6.6B Loss From WeWork Over The Past Year
... for breaching its contract and its fiduciary duty. WeWork founder Adam Neumann is also said to be gearing up to sue over ...
Apr 30, 2020
News
WeWork Rakes In $745M To Buy New Buildings
... September 2019, leading to the ouster of mercurial co-founder Adam Neumann. But its property investment arm is still bringing in a ...
Apr 29, 2020
News
WeWork Rolls Out New Social Distancing Workspace Designs
... a breach of contract. Ousted WeWork founder and former CEO Adam Neumann is reportedly planning to file his own suit against SoftBank.
Apr 28, 2020
News
SoftBank Won't Buy $3B In WeWork Stock As Planned, Citing Investigations
Tokyo-based SoftBank cited the criminal and civil investigations of WeWork that began after the bailout deal was struck in October, though it didn't specify what authorities were investigating, the Wall Street Journal reports. SoftBank also said the ...
Apr 02, 2020
News
This Week's N.Y. Deal Sheet
... equity, according to The New York Post. Former WeWork CEO Adam Neumann won’t make any money on the sale, and WeWork ...
Mar 17, 2020
News
SoftBank Balks At $3B Purchase Of WeWork Shares
SoftBank said in a letter to WeWork investors that potential probes by the Securities and Exchange Commission and the Justice Department would be one factor allowing it to get out of the deal. The investor is not, however, abandoning WeWork all together. ...
Mar 17, 2020
News
Did Amazon Just Pay $1.15B For The Lord & Taylor Building?
... purchase price comes via $350M in equity. Former WeWork CEO Adam Neumann won’t make any money on it, and WeWork will ...
Mar 12, 2020
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