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WeWork Co-founder 'violated' $185M consulting deal: WeWork Chairman
short by Hiral Goyal / on Tuesday, 20 October, 2020
WeWork Co-founder and former CEO Adam Neumann's $185-million consulting deal is "no longer in effect" as he might have "violated" parts of the agreement, WeWork's Executive Chairman Marcelo Claure told The Wall Street Journal. As part of Neumann's exit package, SoftBank had agreed to buy $1 billion in stock, refinance a $500 million debt, and pay $185 million for consulting.
read more at Business Insider