WeWork Executive Chairman Marcelo Claure said that Neumann didn't walk away with the over $1 billion package that was estimated.
in October that Neumann was set to get up to $1.7 billion to walk away from the company and give up his voting rights. SoftBank was to pay him up to $970 million for his shares, a $185 million consulting fee and will offer him $500 million in credit to help repay his loans.
Claure added that the two "rarely" talk, but Neumann will call and share his thoughts on the company. Under the agreement, the Japanese conglomerate was to provide $5 billion in new financing and up to $3 billion in a tender offer for existing shareholders. SoftBank also was set to speed up an existing $1.5 billion financing commitment.
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