Musk secures $46.5 bn financing commitment for Twitter

Washington DC, 21/4: Elon Musk has secured a $46.5 billion financing commitment to acquire Twitter Inc and is considering starting a tender offer for its outstanding shares, a filing with US regulators showed on Thursday.

 

 

Musk has offered to buy Twitter for $43 billion, which prompted Twitter to adopt a ‘poison pill’ to limit Elon Musk’s ability to raise his stake in the social media platform.

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