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New York & Tri-State  + Downtown New York  + Office  |  October 20, 2021
Paul Bubny
By: Paul Bubny

WeWork Completes Merger with SPAC, Will Trade on NYSE

WeWork Inc. and special purpose acquisition company BowX Acquisition Corp. have completed their business combination. The combined company, based in New York, will now operate as WeWork Inc. and will begin trading on the New York Stock Exchange under the ticker symbol “WE” on Oct. 21. 

Sandeep Mathrani, CEO of WeWork, said, “Today is a testament to the determination of our company to not only transform our business, but also to adapt and deliver the options that today’s workforce demands. As companies around the world reimagine their workplace, WeWork is uniquely positioned to offer the space and services that can power solutions built around flexibility.  

‘Providing employers and landlords around the world with our holistic offering of space-as-a-service, All Access and workplace management technology will enable WeWork to lead the market in mainstream adoption of flexible space,” he added. Mathrani will continue as CEO of the combined company. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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