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WeWork parent expected to delay IPO: WSJ

1 month ago   |   By Reuters

WeWork owner The We Company is expected to postpone its initial public offering, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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WeWork reportedly is leaning toward delaying its IPO

WeWork reportedly is leaning toward delaying its IPO

1 month ago   |   By Business Insider

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.
Read all of Business Insider's WeWork coverage here .
WeWork will likely delay its planned public offering until at least...
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Watch the final trailer for 'Star Wars: The Rise of Skywalker,' which teases...

Watch the final trailer for 'Star Wars: The Rise of Skywalker,' which teases the return of Palpatine and more Luke Skywalker

Disney just premiered a new trailer for "Star Wars: The Rise of Skywalker" during a commercial break for a Monday Night Football game. The new footage once again teased the... Read more ...

Trump claimed the decision to host the G7 at his luxury Florida resort...

Trump claimed the decision to host the G7 at his luxury Florida resort wasn't about PR, because he already gets 'more promotion than any human being that's ever lived'

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Lori Loughlin's daughters Olivia Jade and Isabella Giannulli are no longer...

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A Push To Have Cars Say 'No' To Drunk Drivers

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All new autos would be outfitted with alcohol detection technology, under legislation being proposed by U.S. lawmakers. That would make it impossible to drive if you're over... Read more ...

Nordstrom Opens Lavish NYC Flagship Hoping to Kickstart Growth

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After 118 years in business, Nordstrom is finally going to open a full-fledged luxury department store in New York City, the U.S. mecca of high-end shopping. On Thursday the... Read more ...

'We Have A Big Responsibility:' Facebook Rolls Out New Election Security...

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The social network is fighting foreign efforts to manipulate and mislead its users ahead of the 2020 presidential election. CEO Mark Zuckerberg called election security one of... Read more ...

An investment firm raked in $730 million in a single day after making a huge...

An investment firm raked in $730 million in a single day after making a huge bet on a biotech stock

Investment firm Baker Bros. Advisors profited $730 million Monday after its stake in Seattle Genetics soared on positive drug news, according to Bloomberg data . The biotech... Read more ...

Opioid Trial: 4 Companies Reach Tentative Settlement With Ohio Counties

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Four defendants, including three big U.S. distributors, have struck a deal with Summit and Cuyahoga counties. It doesn't resolve thousands of other lawsuits filed against the... Read more ...