WeWork to withhold interest payment on some notes

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WeWork to withhold interest payment on some notes
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WeWork said on Tuesday it elected to withhold interest payment due on Nov. 1 on senior notes due 2025, though it has the cash to make the payment. It now...

- Debt-laden WeWork said on Tuesday it has decided to withhold interest payment of about $6.4 million on some of its notes as the flexible workspace provider looks to improve its balance sheet.

The company is seeking to finalize a restructuring deal in the coming weeks, and may execute it as part of a bankruptcy filing as soon as November, Bloomberg News reported last week. Steve Ballmer joined Microsoft in 1980 as Bill Gates' assistant, became CEO in 2000, and retired in 2014 with a 4% stake that's worth a fortune today.Are you looking for stocks to buy before the next bull market? Here are two top picks! The post A Bull Market Is Coming: 2 Spectacular Growth Stocks to Buy Now and Hold Forever appeared first on The Motley Fool Canada.

Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money'

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