Comment on Daily Digest: Law firm takes FiDi space; Bay Area Oracle workers remain

Daily Digest: Law firm takes FiDi space; Bay Area Oracle workers remain

Good morning, Bay Area. News from the East Coast this morning is that WeWork said it will shed $4 billion in debt and get new financing to get out of bankruptcy without being sold to its co-founder and former CEO Adam Neumann. The revised bankruptcy deal includes up to $450 million in new funding from SoftBank, a group of senior bondholders that includes King Street Capital and Cupar Grimmond, Reuters reports.

 

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