After rebuffing Elon Musk’s initial overtures, Twitter’s board on Monday said it will take Musk’s $44 billion offer for the company, ending a weeks-long saga over whether the company would accept his unsolicited bid. “The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and…
Posts published by “Abram Brown”
Elon Musk says he’s secured $46.5 billion in financing for his Twitter bid, an important disclosure seemingly meant to ease concerns about his commitment to the idea. Over $20 billion would come from varying loans from Morgan Stanley, according to a new SEC filing . Another $21 billion will come from equity financing. Musk has…