Thursday, April 21, 2022

Musk says he has commitments worth $46.5 billion to finance a Twitter takeover | Just The News

https://justthenews.com/nation/culture/musk-says-he-has-has-commitments-worth-465-billion-finance-twitter-takeover

Musk's statement follows a recent buy in Twitter that made him the largest shareholder, then a public offer to purchase the social media company.

Musk said he has commitment letters to finance the deal, including two debt commitment letters from Morgan Stanley and other unnamed financial institutions and one equity commitment letter from himself, according to a review of the SEC filing by CNN.

 

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