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WeWork reaches settlement with creditors, rebuffs Adam Neumann bid, ET RealEstate

WeWork has struck an agreement with senior lenders, who have agreed to provide the business with roughly $450 million in Chapter 11 and exit financing in exchange for equity in the reorganized business. ....

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WeWork spurns Adam Neumann, finalises new overhaul deal

WeWork has struck an agreement with senior lenders, who have agreed to provide the business with roughly $450 million in Chapter 11 and exit financing in exchange for equity in the reorganized business. SoftBank and other owners of the company s existing letters of credit could also swap their debt holdings for stock after exiting Chapter 11, WeWork lawyer Steven N. Serajeddini said during a Monday bankruptcy court hearing in New Jersey. ....

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Purdue Pharma to sell consumer business for $397 million

By Dietrich Knauth NEW YORK (Reuters) - Bankrupt Purdue Pharma received a U.S. judge's permission on Tuesday to sell its consumer health business for . ....

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Purdue Pharma granted permission to sell Avrio Health for $397M

Purdue Pharma is set to sell its consumer health business, Avrio Health, for $397 million to a subsidiary of Arcadia Consumer Healthcare after it was. ....

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Purdue Pharma to Sell Consumer Business for $397 Million

Bankrupt Purdue Pharma received a US judge s permission on Tuesday to sell its consumer health business for $397 million to a subsidiary of Arcadia Consumer Healthcare. ....

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