Low-profile software tycoon Anant Yardi sees ‘tremendous opportunity’ after a turbulent bankruptcy
Agreement would give senior creditors control of reorganised co-working company in exchange for $450mn
Co-working group is seeking hundreds of millions of dollars to exit bankruptcy without a sale
Co-working group’s co-founder says he has ‘half a dozen’ partners to finance a potential bid of about $600mn
Value investors are looking to scoop up the remains of WeWork
Adam Neumann’s potential comeback at WeWork is a double-edged sword
The poor state of commercial property market does not inspire much hope for a turnaround
The financial crisis for office buildings has lured back the prophet of flexible working
The co-working entrepreneur has made a late entry into an already complex bankruptcy process
Entrepreneur says he is partnering with Third Point but hedge fund says it has not committed to participating in any deal
European Medicines Agency saddled with 15-year liability for lease after subtenant WeWork stops paying rent
New form of co-working offers companies ability to expand or shrink space when needed
Not really. But if you wanted to, it’d be pretty easy
The clear-eyed former financier could scarcely be more different in style from the entrepreneurial hustler he replaces
The desk-renting start-up’s implosion ought to teach investors not to bet the future on the recent past
Japanese tech conglomerate hit by falling valuations in portfolio companies
Plus, investors choose to overlook the Credit Suisse AT1 fiasco and hedge fund managers score nine-figure salaries
Japanese conglomerate has committed more than $16bn since initial investment in 2017
As office space group navigates Chapter 11 protection, rivals must also face down threats from tech and hybrid working
Desk-renting company seeks to restructure more than $13bn in lease obligations through Chapter 11 process
Company’s over-reach through 2010s defined era of magical thinking inspired by cheap money
In praise of bubbles
Plus, private funds sue the SEC
Company calls rental costs ‘dramatically out of step with current market conditions’
US office space group recently warned it faced ‘substantial doubt’ about ability to continue as a going concern
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