WeWork to merge with a SPAC in a deal that would raise $1.3B and values the company at $9B
at a greatly reduced valuation New York Times : After Failed I.P.O., WeWork Will Go Public Through a Merger Anthony Spadafora / TechRadar : WeWork merges with SPAC in going public PYMNTS.com : WeWork ...
WeWork to merge with a SPAC in a deal that would raise $1.3B and values the company at $9B
Planned merger with the BowX Acquisition would value WeWork at $9 billion including debt — WeWork has agreed to merge with a special-purpose acquisition company, according to people familiar with th...
Sources: Eden buys Managed by Q, a workplace management competitor, from WeWork for $25M cash, after WeWork bought Q for $220M last year
Connie Loizos / TechCrunch :
Sources: following WeWork's collapse, moving forward SoftBank will add new governance standards for companies it backs, to limit outsized control of founders
Financial Times :
WeWork says SoftBank will provide $5B in new financing and buy up to $3B in shares from existing shareholders, which would give SoftBank an 80% stake in WeWork
Also FPOs and MSCI. Wall Street Journal : WeWork Ex-CEO Set for Big Payout Benedict Brook / news.com.au : Stricken billionaire's daftest idea yet Jonathan V. Last / The Bulwark : WeWork Is Why People ...
MoviePass says it is shutting down and ending service for all subscribers on Saturday, September 14
As of Saturday September 14, 2019, MoviePass has moviepassed on. Sam Rutherford / Gizmodo : It's Curtains on the MoviePass Grift Brittany A. Roston / SlashGear : MoviePass will officially shut down on...
WeWork has acquired at least six software companies related to real estate, possibly to build a software stack that it can sell to other real estate companies
This week WeWork, also known as The We Company and best known for its global coworking business, is adding another software company to its portfolio of acquisitions.
WeWork says it's acquiring SEO and marketing company Conductor to build a “marketing cloud” for enterprise customers
WeWork is acquiring Conductor. — The two businesses might not seem like an obvious fit. Why would a coworking giant buy a company that's best known for search engine optimization?
WeWork agrees to acquire Meetup, the New York-based social network that helps organize offline meetings; source says deal is valued at ~$200M
WeWork has agreed to acquire Meetup, a New York-based social network that helps organize offline meetings around common interests.