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Adam Neumann, Dan Loeb’s Third Point plot bid for WeWork

Ortenca Aliaj and Eric Platt
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New York | Adam Neumann is trying to buy WeWork out of bankruptcy, claiming he has Wall Street backing to take control of the company he was ousted from after racking up billions of dollars of losses.

Lawyers acting for Neumann sent a letter to WeWork on Monday (Tuesday AEDT) saying he was “partnering” with Daniel Loeb’s hedge fund, Third Point, and had been trying to engage with the company since December to no avail.

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    Original URL: https://www.afr.com/property/commercial/adam-neumann-dan-loeb-s-third-point-plot-bid-for-wework-20240207-p5f2yb