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  1. Vor 4 Tagen · WeWork Inc. is setting off on a path on which few have succeeded as it attempts to transform from a bloated company that never turned a profit into a slimmed-down moneymaker by 2025. The company, which won bankruptcy court approval of its restructuring plan Thursday, will emerge from Chapter 11 with a clean balance sheet after slashing $4 ...

  2. Vor 5 Tagen · WASHINGTON – WeWork has won bankruptcy court approval to shed billions in debt, drop unprofitable leases from its office workspace portfolio and leave behind the legacy of co-founder Adam Neumann.

  3. Vor 5 Tagen · A US bankruptcy judge has approved WeWork's Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand the company's equity over to a...

  4. Vor 5 Tagen · At WeWork's peak in January 2019, SoftBank valued the company at $47 billion. Last month, WeWork advisers valued the company at about $750 million.

  5. Vor 5 Tagen · The approved plan eliminates more than $4 billion in pre-petition debt, effectively allowing WeWork to emerge from from bankruptcy “debt free,” according to a statement. WeWork’s rent ...

  6. Vor 4 Tagen · The US Bankruptcy Court for the District of New Jersey approved WeWork's reorganisation plan on Thursday, a crucial milestone for the once high-flying startup that had been weighed down by excessive lease obligations and unsustainable losses.

  7. Vor 5 Tagen · A US bankruptcy judge authorised WeWork's Chapter 11 bankruptcy plan on Thursday, allowing the unstable shared office space provider to discharge $4 billion in debt and transfer stock to a group of lenders and real estate technology business Yardi Systems.