WeWork CEO, deal sponsor on going public via SPAC

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  • CNBC Television published this video item, entitled “WeWork CEO, deal sponsor on going public via SPAC” – below is their description.

    Blank-check firm BowX Acquisition Corp will take office-sharing company WeWork public in a deal worth $9 billion, including debt. Starwood Capital, Fidelity Management and others are involved in the deal as so-called “PIPE,” private investment in public equity, investors. WeWork CEO Sandeep Mathrani and Vivek Ranadive, Bow Capital founder and managing director, joined “Squawk Box” on Friday to discuss the deal.

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