WeWork to Get Out of Bankruptcy

WeWork to Get Out of Bankruptcy

The Straits Times

WeWork has struck an agreement with senior lenders to get the ailing workspace provider out of bankruptcy. The restructuring deal represents a major milestone for the company after it filed for bankruptcy in November. If approved by the court, the business will be on a path to exit court protection in the coming months with less debt and a leaner, less expensive lease portfolio.

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