Elon Musk’s Twitter Takeover Close at Hand as Banks Begin to …

Banks have started to send $13 billion in cash backing Elon Musk’s takeover of Twitter Inc., according to people familiar with the matter, the latest sign the $44 billion deal for the social ...


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Elon Musk’s Twitter Takeover Close At Hand As Banks Begin To …

1 week from now

Banks have started to send $13 billion in cash backing Elon Musk’s takeover of Twitter Inc., according to people familiar with the matter, the latest sign the $44 billion deal for the social ...

wsj.com

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Elon Musk’s Twitter Takeover Is Now The Worst Buyout For Banks …

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Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments ...

wsj.com

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Elon Musk's Twitter Buy The Worst Financing Deal For Banks Since …

1 week from now

Aug 20, 2024  · Elon Musk's Twitter acquisition ended up being the worst financing deal for banks since 2008, the WSJ said. The $13 billion in loans Musk took out have been stuck on banks' …

businessinsider.com

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Exclusive: The Banks That Funded Elon Musk’s $44 Billion Twitter …

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Oct 6, 2023  · Exclusive: The banks that funded Elon Musk’s $44 billion Twitter deal may have a ‘sell-down letter’ to prevent them from breaking ranks Shawn Tully Fri, Oct 6, 2023, 11:57 AM …

yahoo.com

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Elon Musk's Twitter Takeover Could Leave Banks Holding $13 Billion …

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Oct 22, 2022  · Time is another factor as Musk and Twitter must close the deal by October 28 or face going to court in November. Banks hope to sell some of the debt in early 2023, assuming …

businessinsider.com

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Elon Musk's Banks Won't Complain About $13 Billion Twitter …

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Aug 20, 2024  · Elon Musk's $43 billion acquisition of Twitter has a new distinction: the worst banking deal since 2008. The banks that lent Musk $13 billion are struggling to resell the debt, …

businessinsider.com

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Elon Musk’s Twitter Takeover Is Now The Worst Buyout For Banks …

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T he $13 billion that Elon Musk borrowed to buy Twitter has turned into the worst merger-finance deal for banks since the 2008-09 financial crisis.

msn.com

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Elon Musk’s Twitter Takeover Is Now The Worst Buyout For Banks …

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[Alexander Saeedy and Dana Mattioli at The Wall Street Journal] "The $13 billion that Elon Musk borrowed to buy Twitter has turned into the worst merger-finance deal for banks since the …

msn.com

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Elon Musk’s Hostile Takeover - New Statesman

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2 days ago  · In early 2022, Musk extended an offer to spend $44bn to buy what he saw as a primary conduit of the virus – Twitter. After what began as something close to an online stunt …

newstatesman.com

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Elon Musk Is Being Sued By The SEC Over His Twitter Takeover.

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1 day ago  · Musk, according to the SEC’s complaint filed in U.S. District Court in Washington, D.C, purchased more than $500 million worth of Twitter stock between March 25, 2022, and …

independent.co.uk

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Elon Musk’s Twitter Takeover Saga: A Timeline Of Tweets - Financial …

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Oct 28, 2022  · Twitter accepts Musk’s $44bn takeover offer. Co-founder and former chief executive Jack Dorsey publicly backs Musk’s bid, calling him the “singular solution” to the …

ft.com

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Opinion | Democrats Are Losing The War For Attention. Badly.

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15 hours ago  · Elon Musk overpaid for Twitter $44 billion. It is not a business, as he has said himself, worth $44 billion. ... And that’s what Musk’s Twitter purchase ended up being an …

nytimes.com

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SEC Sues Musk For 'Underpaying' For Twitter Stock Amid Takeover

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2 days ago  · The Securities and Exchange Commission sued Tesla CEO Elon Musk for allegedly delaying a disclosure of a stake in Twitter—allowing him to "underpay by at least $150 million …

investopedia.com

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SEC Lawsuit Claims Musk Gained Over $150 Million By Delaying …

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3 days ago  · The Securities and Exchange Commission (SEC) filed a lawsuit against Tesla (TSLA) CEO Elon Musk, alleging he committed securities fraud by failing to disclose his active …

yahoo.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

1 week from now

MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

FAQs about Elon Musk’s Twitter Takeover Close at Hand as Banks Begin to … Coupon?

Will Elon Musk's Twitter deal leave banks with $13 billion in debt?

Musk's Twitter deal could leave banks holding $13 billion in debt, The Wall Street Journal reported. That would make it the biggest "hung" deal and mean lenders may sell the debt when markets rebound. Banks involved in the $44 billion takeover include Morgan Stanley, Bank of America, and Barclays. ...

Will Elon Musk close Twitter deal?

Elon Musk is expected to close Twitter deal by October 28. Musk's Twitter deal could leave banks holding $13 billion in debt, The Wall Street Journal reported. That would make it the biggest "hung" deal and mean lenders may sell the debt when markets rebound. ...

Did Elon Musk borrow $13 billion to buy Twitter?

T he $13 billion that Elon Musk borrowed to buy Twitter has turned into the worst merger-finance deal for banks since the 2008-09 financial crisis. ...

Did Elon Musk make a $13 billion blunder?

Elon Musk made a $13 billion blunder. Wall Street still wants to work with him. Elon Musk's deal to borrow $13 billion to finance his Twitter purchase was a flop. Those same banks very much want to be in business with him. WPA Pool Elon Musk's $43 billion acquisition of Twitter has a new distinction: the worst banking deal since 2008. ...

Why did banks lent Elon Musk $13 billion?

More important, per The Wall Street Journal, which first reported the story: The banks that lent Elon Musk $13 billion so he could incinerate that money want to keep working with Elon Musk. They are eager to be well-positioned to work with Musk and his six companies that range from electric-vehicle maker Tesla to Neuralink and xAI. ...

Will Twitter become a private company if Elon Musk's $44 billion takeover bid is approved?

Twitter will become a private company if Elon Musk’s $44 billion takeover bid is approved. The move would allow Musk to make changes to the site. WSJ’s Dan Gallagher explains Musk’s proposed changes and the challenges he might face enacting them. Illustration: Jordan Kranse ...

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