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WeWork withdraws IPO after tumultuous month marked by CEO's exit

Bloomberg
Bloomberg • 5 min read
WeWork withdraws IPO after tumultuous month marked by CEO's exit
(Oct 1): WeWork formally withdrew the prospectus for its initial public offering, capping a botched fundraising effort that cost the top executive his job. The defeat places urgency on WeWork to find new sources of capital to keep the lights on.
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