We are providing a quick update following BowX Acquisition Corp. (BOWX) shareholders' approval this afternoon of the merger with WeWork, which is expected to close tomorrow, 10/20 with the combined company set to begin trading under ticker "WE" on Thursday, 10/21.
Following receipt of client feedback and interest we are going to shift the schedule around a bit. Rather than doing a Black Book on OFC on 11/5, we are going to do a Black Book on WE on 11/15, followed by work on OFC later in the month. We are doing this to provide more time to dig deeper into WE and hopefully do some value-add work for the buyside on this controversial flexible office name.
Please e-mail with any questions.
Rob Simone, CFA
Managing Director
Twitter: @HedgeyeREITs