SoftBank’s WeWork Take Over Leads To $1.7 Billion Deal For Adam Neumann

SoftBank’s WeWork Take Over Leads To $1.7 Billion Deal For Adam Neumann

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The payout is around 20% of WeWork’s now $8 billion valuation.
Visual China Group via Getty Images
Topline: With SoftBank’s takeover of WeWork nearing completion, former CEO Adam Neumann will reportedly get a $1.7 billion deal to walk away from the company and give up his voting rights.

The WeWork board accepted SoftBank’s rescue deal…

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