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- WeWork has a new plan to get out of bankruptcy — and it doesn't involve Adam Neumann.
- Neumann is seeking to acquire the company he created for more than $650 million.
- "We anticipate there will be robust objections to confirming this plan," a Flow attorney told BI.
WeWork has a new plan to get out of bankruptcy — and it doesn't involve Adam Neumann, who wants to acquire the flexible office provider he created.
WeWork announced Monday that it has raised $450 million in equity funding, which it could use to emerge from Chapter 11. The company also said it has a plan in place to "eliminate all of its $4 billion of outstanding, prepetition debt obligations."