Today news
About the same in other media
Banks return to finance plans for Elon Musk’s $44bn Twitter takeover
Reading now: 288
Banks have started to send $13bn in cash backing Elon Musk's takeover of Twitter according to people familiar with the matter, the latest sign the $44bn deal for the social-media company is on track to close by the end of the week after months of twists and turns.
Musk late on 25 October sent a so-called borrowing notice to the banks that agreed to provide him with the debt for the purchase, one of the people said. That kicked off a process that is currently underway by which banks will deposit funds they are on the hook for...
Read more on fnlondon.comAbout this in other media
Billionaire Sam Bankman-Fried Reveals Reasons for Not Investing in Elon Musk Twitter Takeover cryptonews.com /2 years ago
Here's why Binance's CZ invested in Twitter following Elon Musk acquisition cointelegraph.com /2 years ago
Joe Biden unhappy with Elon Musk for buying a platform that "spews lies" cointelegraph.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
