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WeWork may halt IPO over investors' valuation, governance concerns
short by Kanishka Pandey / on Tuesday, 17 September, 2019
Co-working space giant WeWork is expected to halt its Initial Public Offering (IPO), The Wall Street Journal reported. Investors reportedly raised questions on how much the company is worth and raised concerns about its corporate governance. Past reports had claimed that WeWork, last valued at about $47 billion in January, could seek a valuation as low as $15-18 billion.
read more at TechCrunch