WeWork Could Merge With SPAC — Or Land Private Investment


In a year in which over 80 new special purpose acquisition companies (SPACs) have made their debut, WeWork is in discussions to merge with a blank-check company, noted The Wall Street Journal, citing unnamed sources.
WeWork Chief Communication Officer Lauren Fritts said that WeWork has focused in the past year on following its plans for attaining profitability.
“Our significant progress, combined with the increased market demand for flexible space, shows positive signs for our business. We will continue to explore opportunities that help us move closer to our goals,”