joining us is bloomberg's amelia pollard who has been all over the bankruptcy beat when it comes to wework really up for sale? amelia: they have a deal where the lenders are slated to own the company on their side, but it seems like if the bid is high enough, a bankrupt company is to maximize the value of the estate. even though it is not for sale, the company has an obligation to consider bids. the question remains, how serious is this bid, its potential. it still remains to be seen. sonali: what you did see is the letter they sent to work -- they sent to wework's lawyers. what were the allegations? amelia: the big allegation is that adam neumann and his lawyer had not gotten access to the information they needed to make a formal bid. he said in the letter he was sent an nda from the company but has not signed it yet. he send back revisions. things are per limitary. he is key -- things are preliminary. he is keen on making a formal offer. until there is a number on the table it is hard to consider seriously. sonali: how do you consider the role of dan loeb and third point given the talks