Technology

WeWork merges with SPAC in going public

Tech News ||

The co-working and flexible space provider WeWork has entered into a definitive merger agreement with the special purpose acquisition company (SPAC) BowX in order to become a publicly listed company.

The deal values WeWork at an initial enterprise value of approximately $9bn and the transaction will provide the company with $1.3 billion in cash to fund its growth plans into the future.

Tech News Today Latest Technology Headlines & Trends Link Below

News Post || Technology News || News Headlines || World News || US Headlines || Health || Education News

Source

Tags
Show More

Related Articles

Back to top button
Close