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Adam Neumann moves to buy back WeWork as it seeks funds to exit bankruptcy, FT reports
The shared office space provider was running short of cash and needed as much as $400 million in fresh funding to have a chance of emerging viably, FT said, citing two people familiar with the matter. Alex Spiro, an attorney for Neumann's real estate firm Flow told FT that the company and its financial partners were prepared to beat any other offer that WeWork has received by 10%. Adam Neumann had submitted a bid of more than $500 million to buy back WeWork, Reuters reported last month citing a person familiar with the matter.
- NBC Sports Philadelphia
Sixers show signs of life with Embiid's crafty pass leading to fast break
Joel Embiid made an awesome pass to Kyle Lowry during the third quarter of the Sixers play-in tournament game against the Heat.Sixers show signs of life with Embiid's crafty pass leading to fast break originally appeared on NBC Sports Philadelphia
- Associated Press
Coyotes close out 28-year tenure in Arizona with 5-2 win over Oilers
The Coyotes closed out their 28-year Arizona tenure as winners, getting a goal and an assist from Dylan Guenther in a 5-2 victory over the Edmonton Oilers on Wednesday night. The Coyotes buzzed early at Mullett Arena and closed strong in their final game before moving to Salt Lake City. Liam O'Brien got the finale started with a goal less than three minutes in and Sean Durzi capped it with a empty-net goal to send Coyotes fans home happy — at least for one last night.
