This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. Photo: AP
This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. Photo: AP
Softbank
Tech /  Big Tech

WeWork co-founder nears settlement with SoftBank in lawsuit over scrapped US$3 billion bailout

  • The deal would mean Neumann sells about a quarter of his position in WeWork and remains a major shareholder in the company
  • Neumann sued SoftBank and its Vision Fund, alleging they relied on legally faulty pretexts to renege on the original sale agreement

Bloomberg
Bloomberg

Updated: 10:41am, 23 Feb, 2021

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This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. Photo: AP
This Oct. 15, 2019, file photo shows a WeWork logo at the entrance to one of their office spaces in the SoHo neighborhood of New York. Photo: AP
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