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Posted On: 04/21/2022 2:38:52 PM
Post# of 126813
Musk says he has secured $46.5 bln in funding for Twitter bid
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https://www.reuters.com/technology/musk-explo...022-04-21/
Quote:
April 21 (Reuters) - Elon Musk on Thursday said he has lined up $46.5 billion in debt and equity financing to buy Twitter Inc (TWTR.N) and is considering taking his offer directly to shareholders, a filing with U.S. regulators showed.
Musk himself has committed to put up $33.5 billion, which will include $21 billion of equity and $12.5 billion of margin loans against some of his Tesla Inc (TSLA.O) shares to finance the transaction. He is chief executive officer of electric vehicle maker Tesla.
https://www.reuters.com/technology/musk-explo...022-04-21/
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