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WeWork Is Said to Explore SPAC Merger or Private Fundraising (2)

Jan. 28, 2021, 9:44 PM

WeWork is in talks to go public through a merger with a special purpose acquisition company, according to a person with knowledge of the matter, some 16 months after its efforts at a traditional initial public offering failed spectacularly.

The board of the New York company has fielded offers from blank-check vehicles and is weighing those against possible interest from investors in a private funding round, said the person, who asked not to be identified because the discussions are private.

Marcelo Claure, WeWork’s executive chairman, addressed overtures from SPACs in an interview at Bloomberg’s The Year Ahead conference ...

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