WeWork Aims to Go Public, This Time Via $9 Billion SPAC Deal
By The Wall Street Journal
26/03/21·13m 33s
P.M. Edition for March 26. Nearly two years after its failed IPO, WeWork is getting a second shot at the public markets. The office-sharing startup agreed to merge with a special-purpose acquisition company, or SPAC. The deal with BowX Acquisition values WeWork at $9 billion, including debt. Capital markets reporter Maureen Farrell joins host Annmarie Fertoli with more on the possible risks and rewards for the company as well as investors.
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