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Adam Neumann’s WeWork bid questioned on financing and business plan

Addinfy2 years ago2 years ago02 mins

Israeli-American businessman Adam Neumann recently made headlines by submitting a preliminary offer to buy WeWork out of bankruptcy for over $500 million, five years after being removed from the company he founded. However, there are concerns about the financing and support needed from creditors to finalize the deal. Neumann faces challenges due to his turbulent…

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Prosecutors decide against pursuing second trial for Sam Bankman-Fried

Addinfy2 years ago2 years ago01 mins

The highly anticipated trial against FTX founder Sam Bankman-Fried has come to an unexpected conclusion. After a month of testimony, prosecutors have announced that they will not pursue a second trial against the disgraced entrepreneur. This decision comes after a jury found Bankman-Fried guilty of all seven criminal counts against him in his first trial….

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