WeWork agrees to go public via $9 billion SPAC deal: WSJ
WeWork has agreed to go public through a merger with blank-check firm BowX Acquisition that values it at $9 billion including debt, the Wall Street Journal reported. It's also raising $1.3 billion in capital, including $800 million in private investment. WeWork had withdrawn its $47-billion IPO in September 2019 over falling valuation concerns.