WeWork to get listed on stock market after merger with BowX Acquisition Corp for $9 billion
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WeWork is set to get listed on the stock market as it has agreed to a $9 merging with blank-check firm BowX Acquisition Corp. The firm had attempted to get a stock market listing 2 years back but failed. BowX is a special purpose acquisition company (SPAC). Adam Neumann resigned as the CEO of WeWork after the firm failed to release its IPO. The company is now being ed by Sandeep Mathrani, who has focused on cost-cutting.