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WeWork presses on with IPO, pushing SoftBank into a corner

WeWork presses on with IPO, pushing SoftBank into a corner

5 years ago
Anonymous $4ckUSNo_FL

https://www.reuters.com/article/us-wework-ipo/wework-presses-on-with-ipo-pushing-softbank-into-a-corner-idUSKCN1VV07C

Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group , with a stark choice: take a haircut or pony up even more cash.

WeWork presses on with IPO, pushing SoftBank into a corner

Sep 10, 2019, 11:15pm UTC
https://www.reuters.com/article/us-wework-ipo/wework-presses-on-with-ipo-pushing-softbank-into-a-corner-idUSKCN1VV07C >Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group , with a stark choice: take a haircut or pony up even more cash.