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Tuesday, September 17, 2019

We Co. set to postpone IPO till at least October

The We Co. (WE), parent of WeWork, is expected to postpone its initial public offering until October at the earliest, The Wall Street Journal reports.
It’s a quickly developing story, but the WSJ says the company won’t start its roadshow this week as it had planned.
That comes amid growing questions about company governance and its eventual path to profitability.

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