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Adam Neumann drops bid to acquire bankrupt WeWork

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

Adam Neumann ends bid to buy WeWork, NYT Dealbook reports

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 statement.

Adam Neumann Ends Bid to Buy WeWork, NYT Dealbook Reports

Adam Neumann Ends Bid to Buy WeWork, NYT Dealbook Reports
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Ground News - Adam Neumann drops bid to acquire bankrupt WeWork

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

Disgraced WeWork founder Adam Neumann finally gives up on trying to buy the company back

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

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