WeWork's new CEOs want to sell off 3 of its businesses as the company looks to cut costs

Date acquired by WeWork: March 2018

Acquisition price: $113.6 million in cash and stock.

What it does: Conductor is "a marketing services software company that provides search engine optimization and enterprise content marketing solutions," The We Company wrote in its IPO filing.

Date acquired by WeWork: November 2017

Acquisition price: $200 million

What it does: "Meetup is a self-service offering that connects people who share interests, seek to organize events, desire to learn new things, or just want to do more of what they already love," The We Company wrote in its IPO filing. "On average over 12,000 Meetup events get self-organized every day, with over 1.1 million total Meetup events taking place at our locations in the six months ended June 30, 2019."

Meetup cofounder and CEO Scott Heiferman tweeted a photo of him and Adam Neumann hugging following The Information's report on the businesses being up for sale.

Sources: Business Insider, Business Insider

You can read The Information's full report here.

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