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WeWork Adds Harvard Professor to Board, Reverses Its Trademark Purchase From CEO

Shared Office Giant Adds First Woman Director in Updated IPO Filing
WeWork cofounder Adam Neumann plans to return $5.9 million paid to his partnership entity by The We Co. for rights to its trademarks. (WeWork)
WeWork cofounder Adam Neumann plans to return $5.9 million paid to his partnership entity by The We Co. for rights to its trademarks. (WeWork)
CoStar News
September 4, 2019 | 10:13 P.M.

Shared office provider WeWork plans to add a female Harvard professor to its all-male board and take back the almost $6 million it paid its chief executive for the company's branding name, moves that follow criticism of some of its business practices in the wake of disclosures it made ahead of a planned initial public offering.

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