Briefing

Musk Details $25.5 Billion Financing Commitments for Twitter Bid

By
Martin Peers
· · Source: The Information

Elon Musk said he had financing commitments for his $43 billion takeover bid for Twitter, moving a step further in his battle to gain control of the company. Musk also revealed he was exploring whether to make a tender offer to buy all of Twitter’s shares, although a poison pill instituted by the company last week  complicates that option. In a securities filing, Musk said he had debt...

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