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WeWork cleared to exit bankruptcy
short by Bhawana Chaudhary / on Friday, 31 May, 2024
WeWork's bankruptcy plan has been approved by a US judge. The plan will allow the shared office space provider to eliminate $4-billion debt and hand over the company's equity to a group of lenders and real estate technology company Yardi Systems. WeWork will be ready to exit from bankruptcy with no debt "in a matter of days", its attorney said.
read more at Moneycontrol