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WeWork In Talks for New Investment, Debt Relief

By
Cory Weinberg
· · Source: The New York Times

WeWork, down to its last $287 million in cash, is in talks to raise more money and restructure its debt, The New York Times reported. But its largest benefactor, SoftBank, isn’t ponying up more money. The office co-working company is talking to real estate software firm Yardi for more cash. It is also looking to extend the time it has to pay back its more than $3 billion in outstanding debt....

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