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WeWork Will Go Public in a Merger With a SPAC

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After a failed initial public offering and the near implosion of its business in 2019, WeWork said Friday that it had agreed to a deal that would take the beleaguered co-working company onto the stock market.Instead of a traditional I.P.O., WeWork is merging with BowX Acquisition, a special purpose acquisition company, in a type of deal that has become hugely popular in recent months.BowX is backed by Bow Capital, an investment firm that counts the National Basketball Association star Shaquille O’Neal as an adviser.WeWork leases office space and then effectively sublets it to its members, …

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