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Friday, October 11, 2019

WeWork bailout may come next week

JPMorgan is leading discussions to put together a rescue package for cash-strapped WeWork (WE), which will need fresh capital by the end of November, FT reports.
The bank may contribute a large sum to any bailout, giving WeWork a much-needed infusion of cash after the once high-flying startup’s failed attempt at an IPO.
https://seekingalpha.com/news/3505185-wework-bailout-may-come-next-week-ft

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