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WeWork Shares Rockets 50% As Adam Neumann, Dan Loeb’s Third Point Plot Bid for WeWork

WeWork co-founder teaming up with capital providers on bidCompany currently plans to hand ownership to creditorsAdam Neumann and capital providers including Dan Loeb’s Third Point are exploring an offer to buy WeWork Inc. out of bankruptcy, according to a letter sent to WeWork’s lawyers that was seen by Bloomberg News.Neumann and Third Point have been trying to get information from WeWork necessary to formulate a bid since December, according to the letter. More recently they’ve worked to put to
WeWork Shares Rockets 50% As Adam Neumann, Dan Loeb’s Third Point Plot Bid for WeWork

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