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Adam Neumann got kicked out of WeWork — now he wants to buy it

Adam Neumann sitting on-stage at the Israeli American Council 8th Annual National Summit
Photo by Shahar Azran / Getty Images

Five years after driving WeWork into the ground, co-founder and ousted CEO Adam Neumann has now hatched a plan to buy it out of bankruptcy. In a letter to WeWork’s advisers obtained by The New York Times, Neumann and his new real estate business, Flow Global, express interest in buying the co-working space solution — but claim WeWork has been ignoring attempts to get more information so they can come up with a bid.

Neumann and Flow Global have been exploring a purchase of WeWork since December 2023, with the help of funding from Dan Loeb’s hedge fund, Third Point. However, as noted in the letter written by Neumann’s attorney Alex Spiro — the same person who represents Elon Musk — WeWork doesn’t seem interested in entertaining Neumann’s…

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