Por: Los Angeles Times Business November 07, 2023
When WeWork announced a multibillion-dollar rescue package earlier this year, the company’s management hailed it as a fresh start for the long-struggling global network of shared office spaces. The deal would cancel burdensome interest payments, provide funding for years to come and support a revamped plan for profitability, they said at the time. Just eight months later, the coworking company is on the verge of filing for bankruptcy... + full article
Ars Technica USA Tech November 02, 2023
Navigate Filter by topic Settings Front page layout Site theme - Nov 1, 2023 5:16 pm UTC Getty Images Justin Sullivan WeWork stock fell about 50 percent today as the business once valued at $47 billion reportedly plans to file for bankruptcy. WeWork was founded in 2010 and... + más
WeWork sounds the alarm, prompting speculation around the company's future | ABC News
New York Post USA Life September 19, 2023
In a high-stakes showdown between co-working giant WeWork and powerhouse landlord DivcoWest, the battle for millions is set to unfold on the streets of Manhattan. As WeWork teeters on the brink of bankruptcy, DivcoWest has thrown down the hammer, demanding a whopping $30 million... + más
WeWork's market cap is now smaller than its much more straight-laced rival as the market adjusts to reality | Business Insider
ABC News USA Business August 21, 2023
NEW YORK -- WeWork has sounded the alarm on its ability to stay in business, prompting speculation around the future of the troubled workspace-sharing company.Last week, WeWork warned there was “substantial doubt” about the New York-based company's “ability to... + más
What Are the Duties of A Trustee? | Forbes
ABC News USA Business August 15, 2023
MarketWatch USA Business June 02, 2023
WeWork bonds owned by holdouts of a recent debt restructuring are trading deeper in distressed territory at about 45 cents on the dollar. BondCliQ Corporate bonds trading below 70 cents are broadly considered distressed. WeWork bonds trading near 45 cents represent a small group... + más
WeQuit: WeWork bonds sink after top executives resign from cash-burning company | MarketWatch
Business Insider USA Business December 16, 2022
WeWork had once touted itself .Now WeWork faces a cash crunch as it struggles with increasing net losses and expensive long-term leases, watching as its market cap plunged from $2.3B at the start of December to $1.35 billion at the end of trading on Wednesday.WeWork's... + más
WeWork plans to shutter 40 locations in US | Fox Business
How to Get Rich By Losing Lots of Money | The Atlantic
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