Hypebeast -
12 Oct 2019 21:27
Co-working space giant WeWork reportedly must raise cash by "no later than the end of November" in order to stay afloat, much earlier than initial estimates which suggested the company had another six months or so to function at its current spending rates.According to The Financial Times, two people familiar with the situation confirm the company is rushing together a debt financing package alongside JPMorgan Chase, who was involved with the company's failed IPO. Bloomberg reports that the debt ...
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