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WeWork Weighing SPAC Offers

By
Cory Weinberg
· · Source: The Wall Street Journal

WeWork is weighing offers from two blank-check companies to take the troubled office-space giant public, the Wall Street Journal reported. One of the deals could value the company at about $10 billion, slightly about the $8 billion where it raised money after its doomed IPO in 2019. One of the SPAC suitors is BowX Acquisition Corp., a SPAC run by Vivek Ranadivé, chairman of the Sacramento...

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