17-09-2019 00:19 via feedproxy.google.com

WeWork is reportedly leaning toward delaying its IPO

WeWork is leaning toward delaying its initial public offering, The Wall Street Journal reported.
The company won't start its roadshow — its series of meetings with potential investors — this week as planned, The Journal reported.
It will likely postpone the offering until at least October, according to the report.
The company has been getting pushback from potential investors over its $47 billion private valuation, its business model, and its corporate governance.
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