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WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his payout from the office space-sharing company's new owner, according to a person familiar with the matter.
Read more about WeWork co-founder Adam Neumann nears settlement with SoftBank: Report on Business Standard. The settlement would put to rest a prolonged legal battle between Neumann and Softbank, which dates back to 2019 when WeWork s IPO plans fell apart
WeWork co-founder and former Chief Executive Adam Neumann is nearing a settlement with SoftBank Group Corp that could include a nearly $500 million cut in his…