WeWork Adopts Tax Asset Preservation Plan Designed to Protect Long-Term Stockholder Value by Preserving the Availability of Its Tax Assets
Preserving long-term stockholder value by adopting a Section 382 rights plan intended to protect tax assets by reducing the likelihood of an ownership change (as defined in the Internal Revenue Code)
Tax Asset Preservation Plan in effect immediately to deter any person or group from acquiring beneficial ownership of 4.9% or more of WeWork's outstanding Class A common stock and compromising the availability of WeWork's NOLs and other tax attributes
WeWork Inc. (NYSE:WE) ("WeWork"), the leading global flexible space provider, today announced that its Board of Directors (the "Board") has adopted a stockholder rights plan designed to protect long-term stockholder value by preserving the
