After weeks of corporate drama, WeWork announces plans to withdraw its initial public offering filing.
After weeks of corporate drama, WeWork announced Monday that it will file a request to withdraw its initial public offering filing.
"We have every intention to operate WeWork as a public company and look forward to revisiting the public equity markets in the future," the statement added. While trendy and offering amenities such as stocked kitchens, pet-friendly locations and"art-infused buildings," some critics have questioned the company's actual value as it works to go public.
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