Question 2: It is spring 2021, and WeWork is attempting to go public by merging...
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Question 2: It is spring 2021, and WeWork is attempting to go public by merging with BowX Acquisition, a special-purpose acquisition company. WeWork previously failed spectacularly at going public in 2019 and then its business was further damaged by global economic developments starting in early 2020. [Line 1] (3 marks) Q2: Why is WeWork's approach to going public (also used by some other firms) contentious, particularly (but not exclusively) from the perspective of investors in BowX? At a minimum, consider the central issues of securities issuance and takeovers. *** Answer below this line *** Answer: Question 2: It is spring 2021, and WeWork is attempting to go public by merging with BowX Acquisition, a special-purpose acquisition company. WeWork previously failed spectacularly at going public in 2019 and then its business was further damaged by global economic developments starting in early 2020. [Line 1] (3 marks) Q2: Why is WeWork's approach to going public (also used by some other firms) contentious, particularly (but not exclusively) from the perspective of investors in BowX? At a minimum, consider the central issues of securities issuance and takeovers. *** Answer below this line ***
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