WeWork’s Updated Bankruptcy Exit Strategy: Yardi Takes 60% Stake, SoftBank’s Role Diminished
Allwork
APRIL 30, 2024
WeWork revealed on Monday that Yardi Systems, a property management software provider, is positioned to acquire a 60% stake in the company. and Canada. The proposal is reported to have backing from most owners of WeWork’s $4 billion in senior debt and a committee of unsecured creditors.
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