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Bankruptcy Court Moves Closer To Ending Ousted WeWork CEO Neumann’s Purchase Attempt

Judge Approves WeWork’s Interim Financing Request
WeWork's bankruptcy court judge approved its request to tap $50 million in debtor-in-possession new money interim financing. (Andria Cheng/CoStar)
WeWork's bankruptcy court judge approved its request to tap $50 million in debtor-in-possession new money interim financing. (Andria Cheng/CoStar)
CoStar News
May 8, 2024 | 11:11 P.M.

WeWork’s bankruptcy court judge approved its request for interim new financing as the high-profile flexible office provider seeks confirmation of a plan to emerge from Chapter 11 by month's end, a move expected to conclude an attempt by former CEO Adam Neumann to buy the company he co-founded.

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