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WeWork Announces $5B in New Funding from SoftBank Group

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Global Workspace Association, NAIOP, Brookfield, Convene, IBM, Manhattan, Hines, Commercial Real Estate Development Association, Flexible Office Conference
WeWork HQ Chelsea Commons New York, NY; Image courtesy of WeWork
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Finance Package Includes Combination of Debt and Equity to Fully Fund Business Plan with Objective of Profitability and Free Cash Flow; Board of Directors Elects Marcelo Claure as Executive Chairman of WeWork NEW YORK & TOKYO—The We Company (“WeWork” or the “Company”) and SoftBank Group Corp. (or “SoftBank”) today announced an agreement under which SoftBank […]

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