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Elon Musk Races to Secure Financing for Twitter Bid

NYT M&A

The world’s richest man is trying to shore up debt financing, including potentially taking out a loan against his shares of Tesla, so he can buy Twitter for $43 billion.

Finance 98
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Elon Musk secures $46.5bn to fund possible hostile bid for Twitter

The Guardian M&A

Tesla CEO is putting $21bn of his own money in the package, according to US watchdog filing Elon Musk has secured $46.5bn (£35.6bn) in financing to fund a possible hostile bid for Twitter and is putting up $21bn of his own money as part of the package. Continue reading.