Elon Musk Plans to Close Twitter (TWTR) Deal on Friday - Reports
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October 25, 2022 1:56 PM EDT
(Reuters) - Elon Musk has notified co-investors who committed to help fund his $44 billion acquisition of Twitter Inc that he plans to close his buyout of the social media firm by Friday, according to a person familiar with the matter.
Equity investors, including Sequoia Capital, Binance, Qatar Investment Authority and others have received the requisite paperwork for the financing commitment from Musk's lawyers, the source added.
The move is the clearest sign yet that... More
October 25, 2022 1:38 PM EDT
Tesla (NASDAQ: TSLA) ticks off highs on reports Musk plans to close Twitter (NYSE: TWTR) deal on Friday.
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October 25, 2022 1:36 PM EDT
Equity investors in Elon Musk's take private of Twitter (NYSE: TWTR) have received paperwork from his lawyers at Skadden Arps in order to prepare for closing the deal. It's another sign deal is on track for Friday close, CNBC David Faber reports.
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October 25, 2022 1:35 PM EDT
Musk tells debt bankers he plans to close Twitter (NYSE: TWTR) deal on Friday - Bloomberg
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October 24, 2022 4:40 PM EDT
WASHINGTON (Reuters) -Reports that the United States was discussing launching a national security review of some of Elon Musk's ventures were "not true," said the White House on Monday.
White House press secretary Karine Jean-Pierre declined to comment on the Biden administration's relationship with Musk or his business... More
