“Two weeks ago, a coalition of half a dozen financing partners — whose identities are known to WeWork and its advisers — submitted a potential bid for substantially more than the Wall Street Journal reported,” said the representative of Flow, Neumann’s real estate startup.
WeWork co-founder Adam Neumann and financing partners submitted an offer to buy the bankrupt company for more than $500 million, according to a representative for his real estate company.
Earlier, the Wall Street Journal had reported that Neumann offered to buy the company he formerly ran for more than US$500 million, citing people familiar with the matter.
