Flow Global News Today

Former CEO of shared office space provider was ousted from company in 2019 following botched attempt to take it public

Earlier this year, Neumann's new real estate venture, Flow Global, had submitted a bid of more than $500 million to take over WeWork and its assets, Reuters has reported. "For several months, we tried to work constructively with WeWork to create a strategy that would allow it to thrive," Neumann said in his statement to DealBook. Neumann did not immediately respond to a Reuters request for comment, while WeWork, once privately valued at $47 billion, declined to provide a stateme...

The WeWork founder Adam Neumann has shelved his bid to acquire the bankrupt shared office space provider.

Ousted WeWork founder Adam Neumann has ended his bid to buy back the company after it filed for bankruptcy in November.

Shared office space provider WeWork announced a settlement with its junior creditors and a new cash infusion from its senior lenders.

Shared office space provider WeWork announced on Monday a settlement with its junior creditors and a new cash infusion from its senior lenders, moving ahead with a bankruptcy deal that rejects a $650 million offer from co-founder and former owner Adam Neumann.

Shared office space provider WeWork announced on Monday a settlement with its junior creditors and a new cash infusion from its senior lenders, moving ahead with a bankruptcy deal that rejects a $650...

By Dietrich Knauth NEW YORK (Reuters) - Shared office space provider WeWork announced on Monday a settlement with its junior creditors and a new cash ...

Adam Neumanns new real estate company, Flow Global, has sought to buy WeWork out of bankruptcy, recently offering over $500 million.

WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire the coworking business, saying Monday that WeWorks management should engage in talks or be forced to...