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WeWork rescue ‘hands co-founder Adam Neumann $1.7bn payout’

Image copyright WeWork Struggling property firm WeWork has reportedly accepted a rescue deal with a generous payout for controversial co-founder Adam Neumann. The deal will see current investor, Japanese firm Softbank, buy billions more dollars worth of WeWork shares, including almost $1bn from Mr Neumann. The agreement, which also includes $5bn in debt financing, gives […]

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