US billionaire Elon Musk intends to complete the acquisition of the social network on Friday, he announced during a video conference with banks that they will help finance the deal, according to Bloomberg news agency which relies on sources familiar with the matter.
The banks, led by Morgan Stanley, will lend Musk about $ 13 billion of the $ 44 billion ($ 54.2 per share) he has to put on the table to buy Twitter.
The funding deal is close to signing, according to Bloomberg. This is one of the last steps before the money is actually sent to Musk.
The banks, led by Morgan Stanley, will lend Musk about $ 13 billion of the $ 44 billion ($ 54.2 per share) he has to put on the table to buy Twitter. The funding deal is close to signing, according to Bloomberg. This is one of the last steps before the money is actually sent to Musk.
