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. According to WeWork, “Securing this financing demonstrates the support and confidence in WeWork’s business model and value proposition from its largest stakeholders.
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