{"id":186418,"date":"2021-02-23T04:49:00","date_gmt":"2021-02-23T01:49:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/weworks-adam-neumann-close-to-settlement-with-softbank\/"},"modified":"2021-02-23T04:49:00","modified_gmt":"2021-02-23T01:49:00","slug":"weworks-adam-neumann-close-to-settlement-with-softbank","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/weworks-adam-neumann-close-to-settlement-with-softbank\/","title":{"rendered":"#\n  WeWork\u2019s Adam Neumann close to settlement with SoftBank"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a40c1cb04fa2\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a40c1cb04fa2\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/weworks-adam-neumann-close-to-settlement-with-softbank\/#SoftBank_would_spend_roughly_15_billion_to_buy_shares_of_early_WeWork_investors_and_employees_SPAC_deal_could_follow\" >SoftBank would spend roughly $1.5 billion to buy shares of early WeWork investors and employees; SPAC deal could follow<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/weworks-adam-neumann-close-to-settlement-with-softbank\/#By_Maureen_Farrell_and\" >By\u00a0Maureen Farrell and<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/weworks-adam-neumann-close-to-settlement-with-softbank\/#Eliot_Brown\" >Eliot Brown<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  WeWork\u2019s Adam Neumann close to settlement with SoftBank<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"SoftBank_would_spend_roughly_15_billion_to_buy_shares_of_early_WeWork_investors_and_employees_SPAC_deal_could_follow\"><\/span>\n  SoftBank would spend roughly $1.5 billion to buy shares of early WeWork investors and employees; SPAC deal could follow<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000175108\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       WeWork co-founder and former Chief Executive Adam Neumann is in advanced talks to settle a high-profile legal fight with\u00a0SoftBank Group\u00a0Corp.\u00a0by agreeing to a nearly $500 million cut in his payout from the shared-office-space company\u2019s new owner, a move that would help clear the way for WeWork\u2019s second attempt at a public listing.<\/p>\n<p> According to terms being discussed, SoftBank<br \/>\n        9984,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207303954\/delayed\" class=\"positive\">+1.74%<\/bg-quote><br \/>\n       would spend roughly $1.5 billion to buy the shares of early WeWork investors and employees, including nearly $500 million to purchase shares from Neumann \u2014 in both cases about half of what it originally agreed to, according to people familiar with the talks.<\/p>\n<div class=\"paywall\">\n       SoftBank took a majority stake in WeWork after its attempted initial public offering collapsed in 2019 when public investors balked at buying the money-losing company\u2019s shares and at Neumann\u2019s\u00a0conflicts of interest and erratic behavior. Neumann stepped down under pressure as CEO in the wake of the IPO debacle.<\/p>\n<p>The negotiations have been rocky at times and there is no guarantee they will produce an agreement, but if there is one, it could be finalized in the coming days, the people said.<\/p>\n<p>Should there be a settlement, it could be followed by another deal as WeWork is also in talks to combine with a special-purpose acquisition company, a move that would finally convert it into a public company.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/wework-co-founder-adam-neumann-nears-settlement-with-softbank-11614033832?mod=mktw\" class=\"icon none\">An expanded version of this report appears on WSJ.com.<\/a><\/p>\n<p><strong>Also popular on WSJ.com:<\/strong><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/dominion-sues-mypillow-ceo-mike-lindell-over-election-claims-11613996104?mod=mktw\" class=\"icon none\">Dominion sues MyPillow, CEO Mike Lindell over election claims.<\/a><\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.wsj.com\/articles\/consumer-demand-snaps-back-factories-cant-keep-up-11614019305?mod=mktw\" class=\"icon none\">Consumer demand snaps back. Factories can\u2019t keep up.<\/a><\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"By\u00a0Maureen Farrell\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"By_Maureen_Farrell_and\"><\/span>By\u00a0Maureen Farrell and<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Eliot Brown\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Eliot_Brown\"><\/span>Eliot Brown<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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