Adam Neumann Attempts to Reacquire WeWork Amid Bankruptcy

Five years after his departure, the former CEO partners with hedge fund for a buyout bid.

Adam Neumann, ousted as WeWork's CEO in 2019, is now attempting to buy the bankrupt company.
Neumann's real estate startup, Flow, backed by hedge fund Third Point, has made several buyout offers.
WeWork has been resistant to Neumann's attempts, citing past issues and focusing on restructuring.
Despite the company's bankruptcy, Neumann's personal wealth remains over $2 billion.
The deal, if successful, could merge Neumann's commercial and residential real estate ventures.