WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to reacquire the coworking business, saying Monday that WeWork’s management should engage in talks or be forced to cede control of the company’s restructuring.
WeWork said Tuesday that it was focused on finalizing a deal with its existing lenders that would allow the company to exit from bankruptcy within “the coming weeks.” It did not respond to questions about Neumann’s bid. “We do not have an actual path to a sale here,” Foster told Sherwood at a hearing in Newark, New Jersey.
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