WeWork Files For Bankruptcy, Shaking Coworking Industry
Allwork
NOVEMBER 7, 2023
The company reports that creditors holding 92 percent of its debt are onboard with the restructuring plan. In WeWork’s statement on the filing, WeWork Chief Executive David Tolley said, in part, “WeWork has a deliberate and value maximizing lease rejection plan that is expected to position the company for operational and financial success.
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