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WeWork landlords could see steep losses on any rejected leases in bankruptcy

Por: MarketWatch Business November 05, 2023

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The company has been under fire since before the pandemic hit, which caused demand for office space to further freeze up. It lost an estimated according to a New York Times tally as of September. A month earlier, WeWork reported having about its ability to stay in business. In a bid to salvage a business it came to dominate, the cash-burning company began slashing its leasing obligations after its botched initial public offering in 2019, with... + full article



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