Benzinga

APRIL 26, 2022

Controversial Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk has Wall Street buzzing after social media platform Twitter Inc (NYSE: TWTR ) accepted Musk's hostile takeover bid to take Twitter private for $44 billion. Musk has said his primary interest in Twitter stems from his concerns over its censorship of free speech.

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Benzinga

OCTOBER 5, 2022

Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk and Twitter Inc (NYSE: TWTR ) reportedly discussed a price cut to the original $44 billion buyout deal through their representatives, but the talks were unsuccessful.

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Benzinga

JULY 12, 2022

Social media platform Twitter Inc (NYSE: TWTR ) filed suit Tuesday against Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk in an effort to force the proposed $44-billion takeover of the social media platform that Musk withdrew from last week. of Twitter and proposed the buyout.

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Benzinga

AUGUST 2, 2022

A new subpoena from Twitter Inc (NYSE: TWTR ) is requesting information from friends of Elon Musk in the battle between the social media platform and Tesla Inc (NASDAQ: TSLA ) over a proposed $44 billion buyout. What Happened: A subpoena obtained by The Washington Post sees Twitter targeting several investors connected to Musk.

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Law 360 M&A

MAY 26, 2022

Elon Musk and Twitter Inc. have been hit with a proposed shareholder class action alleging that the billionaire tried to create doubt about his planned deal to buy the social media company in order to do so at a lower price, causing Twitter's valuation to drop by $8 billion.

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Benzinga

OCTOBER 26, 2022

Twitter Inc (NYSE: TWTR ) shares jumped nearly 1% on Wednesday closer to the $54.20 buyout level as investors discovered that Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk may soon be the CEO of Twitter. The billionaire changed his Twitter bio to something indicative of a chief executive. pic.twitter.com/D68z4K2wq7.

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Benzinga

MAY 7, 2022

News of Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk acquiring social media platform Twitter Inc (NYSE: TWTR ) has been one of the biggest topics of the investing world in 2022. Musk offered to buy Twitter shares for $54.20 Twitter Premium: Musk offered to buy Twitter shares for $54.20 and shares are trading below the price.

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Benzinga

OCTOBER 27, 2022

Elon Musk has reportedly asked Tesla Inc (NASDAQ: TSLA ) engineers to assess Twitter Inc 's (NYSE: TWTR ) internal codes as he begins his makeover of the microblogging firm after closing a $44 billion buyout. See Also: Twitter CEO, CFO Plan To Call It Quits As Elon Musk Completes. Full story available on Benzinga.com.

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Benzinga

OCTOBER 25, 2022

Twitter Inc (NYSE: TWTR ) shares jumped Tuesday afternoon following reports that Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk plans to close the Twitter deal this week. Friday is the deadline Delaware Court of Chancery Judge Kathaleen McCormick gave Musk and Twitter to close the buyout deal after issuing a.

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Benzinga

MAY 9, 2022

Twitter Inc (NYSE: TWTR ) shares traded lower by 4% on Monday, well off the $54.20 per-share buyout price Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk has agreed to pay to take Twitter private. In a new report , short seller Hindenburg Research said there's plenty of reason for investors to be skeptical of the Musk buyout.

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Benzinga

DECEMBER 8, 2022

Elon Musk, who took over Twitter i n late October, could get a reprieve as the social media platform navigates through a tough assimilation phase under its new owner. NASDAQ: TSLA ) shares to replace some of Twitter’s high-interest debt, Bloomberg reported, citing people familiar with the matter. See Also: Best Technology.

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Law 360 M&A

AUGUST 23, 2022

Elon Musk said Tuesday his attorneys have subpoenaed a former Twitter executive who bluntly criticized the social media giant's cybersecurity in reports by the Washington Post and CNN, as part of Musk's Delaware Chancery Court defense against Twitter's attempt to force a $44 billion go-private buyout deal.

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Benzinga

AUGUST 9, 2022

Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk said he sold shares of the automaker to avoid an emergency sale in the “hopefully unlikely” event Twitter Inc (NYSE: TWTR ) forces his buyout deal to close. What Happened: Musk confirmed that he was done selling in response to a question on Twitter.

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The Guardian M&A

OCTOBER 4, 2022

Tesla chief executive had been set for court showdown after attempting to scrap deal Elon Musk has filed to complete his $44bn (£38bn) acquisition of Twitter after months of legal drama.

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Law 360 M&A

OCTOBER 28, 2022

Twitter disappeared from the New York Stock Exchange Friday morning, hours after Elon Musk reportedly asserted his control of the business through an overnight jettisoning of top executives immediately after closing on his $44 billion take-private deal for the social media giant.

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Benzinga

OCTOBER 25, 2022

Twitter Inc (NYSE: TWTR ) is struggling to keep its most revenue-generating users engaged, highlighting a problem for Tesla Inc. NASDAQ: TSLA ) CEO Elon Musk as he nears the completion of his $44 billion acquisition. Read Also: Is Elon Musk A Winner Or Loser If. Full story available on Benzinga.com.

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Benzinga

APRIL 27, 2022

A leveraged buyout is simply defined as the purchase of a controlling share in a company by its management using outside capital.

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Benzinga

JULY 11, 2022

Late Friday, Elon Musk officially confirmed that he is pulling out of the deal to buy Twitter, Inc. Twitter's board reacted with its intent to pursue the matter in court. In the first of the memes he shared, Musk sequenced the proceedings in the Twitter buyout saga. NYSE: TWTR ).

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Law 360 M&A

OCTOBER 28, 2022

In the end, tech mogul and Tesla CEO Elon Musk had no way out of his $44 billion deal to buy Twitter Inc. after the social media giant sued to enforce his take-private offer in Delaware's contract-focused Court of Chancery, experts said Friday.

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Benzinga

JULY 19, 2022

Delaware Court of Chancery Judge Kathaleen McCormick granted a motion from Twitter Inc (NYSE: TWTR ) Tuesday seeking an expedited trial in the company's lawsuit against Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk, which aims to force him to follow through on a buyout of the social media platform.

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Financial Times M&A

MAY 5, 2022

Securities filing discloses that Tesla chief lined up just over $7bn in equity commitments to fund $44bn acquisition

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The Guardian M&A

OCTOBER 5, 2022

Elon Musk will proceed with the $44bn buyout of Twitter, but a bumpy road still lies ahead for the company Elon Musk was always going to struggle to win in Delaware. He had signed a binding agreement to buy Twitter for $44bn and to make his “reasonable best efforts” to complete the deal.

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Benzinga

JULY 8, 2022

In a breaking update, Elon Musk has backed out of his deal to buy Twitter, Inc (NYSE: TWTR ) for $44 billion. What Happened: An SEC filing from today has shared that Musk wants out of the deal after false and misleading information was shared to him from Twitter.

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Law 360 M&A

AUGUST 24, 2022

Attorneys for Elon Musk urged Delaware's chancellor on Wednesday to compel Twitter's release of more data about its revenue-producing traffic and user estimates, accusing the social media giant of fielding a "trust us" shield as it seeks to enforce the Tesla CEO's $44 billion take private agreement.

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Law 360 M&A

JUNE 21, 2023

A Twitter Inc. stockholder's call for discovery in support of a $3 million attorney fee despite shutdown of his suit to compel a balking Elon Musk's to close on a $44 million buyout of the social media giant got sidelined Wednesday by a challenge to the original suit's merit.

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Benzinga

JULY 15, 2022

Social media platform Twitter Inc (NYSE: TWTR ) and Elon Musk are headed to court over the $44-billion proposed buyout of the social media platform agreed to and then withdrawn from by the world's richest man. Here's why the judge assigned to the case could be bad news for Musk.

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Law 360 M&A

OCTOBER 5, 2023

Securities and Exchange Commission is demanding Elon Musk answer questions about his purchases of Twitter stock in 2022 — the year he purchased 9% of the company and then closed a $44 billion buyout — telling a California federal judge Thursday that Musk refuses to cooperate with its investigation.

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Law 360 M&A

OCTOBER 27, 2023

Elon Musk urged a California federal judge Friday to end a proposed securities class action claiming the billionaire fraudulently tweeted about X Corp.'s s alleged bot problem to get out of his $44 billion acquisition, arguing that he never waived his right to investigate the company's bot problem when he waived due diligence rights.

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Benzinga

OCTOBER 4, 2022

Shares of Twitter Inc (NYSE: TWTR ) surged Tuesday after it was reported that Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk is resuming his planned buyout of the social media platform. Here's why one Twitter analyst is saying the news isn't too surprising. The analyst’s price target is “Musk deal dependent.”

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Benzinga

JULY 12, 2022

Matt Levine is a Bloomberg Opinion columnist covering the financial markets, and he’s got a word of advice for Tesla Inc’s (NASDAQ: TSLA ) Elon Musk on how to handle the Twitter Inc (NYSE: TWTR ) buyout fallout. Also read: Elon Musk Feeds Twitter To The Bears On Attempt To. difference. difference.”

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Financial Times M&A

APRIL 19, 2022

Institutions with financial firepower to finance takeover are concerned about profitability of social media service

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Law 360 M&A

FEBRUARY 2, 2023

billion in a new funding round led by Thrive Capital, and Twitter has begun paying interest on massive debt incurred after Elon Musk's buyout. Bed Bath & Beyond is moving closer toward bankruptcy, payments giant Stripe is seeking $2.5

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Law 360 M&A

OCTOBER 27, 2022

Social media powerhouse Twitter Inc. will drop off the New York Stock Exchange before markets open Friday if Elon Musk makes good on his hotly contested, $44 billion deal to buy the company by a court-set deadline, market records show.

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Benzinga

OCTOBER 4, 2022

Elon Musk and his team of advisors sent a letter to Twitter Inc’s (NYSE: TWTR ) litigation staff Monday stating Musk would like to proceed with the acquisition of Twitter at $54.20 Twitter said it received Musk's letter and. Full story available on Benzinga.com.

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Benzinga

APRIL 18, 2022

Shares of Twitter Inc (NYSE: TWTR ) ticked higher Monday afternoon on news that buyout firm Apollo Global could be the latest to put in an offer for the social media platform. What Happened: After Tesla Inc (NASDAQ: TSLA ) CEO Elon Musk put in a buyout offer of $54.20 Outside of Musk, private equity.

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Law 360 M&A

APRIL 5, 2023

Twitter investors hit back at Elon Musk's bid to dismiss a proposed class action in California federal court that alleges Musk created doubt about his plans to buy the company, sparking an $8 billion drop in its valuation.

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Benzinga

OCTOBER 31, 2022

NYSE: BX ) from inking the largest private-equity buyout in months. Read also: How Elon Musk's U-Turn On Twitter Deal Could Leave Wall Street Banks That Pledged Financing Choking On. Dealmaking may be down, but that hasn't stopped Blackstone Inc. 's (NYSE: EMR ) climate-technologies unit.

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