WeWork Is in Talks to Sell Business It Bought 8 Months Ago
BLOOMBERG
WeWork is in talks to sell Managed by Q Inc., a business it owned for about eight months, according to people familiar with the matter. The deal may help the troubled office-sharing company raise cash and refocus on its main business. A group of investors and executives, including Managed by Q co-founder and former Chairman Dan Teran, is trying to buy the business back from WeWork, the people said. Discussions are progressing and WeWork is actively pursuing a resolution, said the people, who…