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Published 2 years ago

To buy Twitter, Musk has to keep banks, investors on board

Summary by Ground News
Elon Musk reversed course and said he'd go through with acquiring the social media company under the same terms he agreed to in April. Experts say that behind the scenes, banks could be scrambling to find buyers for $12.5 billion in debt from the deal. Musk is trying to hold together a group of equity investors that is pitching in billions more.

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  • 41% of the sources lean Left, 41% of the sources are Center
41% Center
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