Four elite U.S. firms have scooped roles on WeWork’s merger with a special purpose acquisition company (SPAC) in a deal that will allow the office-sharing business to list publicly and value it at around $9 billion.
Skadden, Arps, Slate, Meagher & Flom, Cooley, Paul Hastings and Morrison & Foerster are advising as part of the merger with SPAC BowX Acquisition in a move set to give WeWork a cash injection of $1.3 billion, according to a statement released by WeWork on Friday.
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