WeWork back to Wall Street, two years after fiasco
Paris (AFP) - WeWork's financial woes and aborted IPO made headlines in 2019, but two years later the office-sharing giant is returning to Wall Street after seeking to renew itself in response to the pandemic. Shareholders from a special-purpose acquisition company, or SPAC, called BowX voted Tuesday to merge with WeWork, which will finally make the start-up a publicly-traded company. Shares of the new entity, which is worth about $9 billion, are expected to begin trading Thursday on the New York Stock Exchange under the ticker symbol "WE." The SPAC is a vehicle used just to raise capital and ...