WeWhat? Adam Neumann wants to buy the company he was fired from |
Adam Neumann, the co-founder and former CEO of WeWork, is reportedly looking to buy the co-working company out of bankruptcy. Neumann's new real estate company, Flow Global, is teaming up with Third Point to buy WeWork. In a letter sent to WeWork's advisers, Flow Global's lawyers disclosed that Third Point would help finance the transaction. Neumann's lawyer suggested that WeWork should consider the potential benefits of a takeover by its former CEO, who he said could provide “management expertise” and increase the company's value.
Source: indiatimes.com