WeWork Pulls IPO Filing(cnbc.com)
cnbc.com
WeWork Pulls IPO Filing
https://www.cnbc.com/2019/09/30/wework-says-it-will-file-request-to-withdraw-its-ipo-prospectus-after-roadshow-management-turmoil.html
3 comments
This would have been news worthy if they had NOT postponed! Probably the best move for the company while they (most likely) restructure into what they actually are, a real estate company.
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Seemed pretty inevitable. IPO is all about market confidence and that was simply not there regardless of how much the ibank and SB try to prop it up