Musk signals $44 billion Twitter deal on track to close this week

Musk signals $44 billion Twitter deal on track to close this week

2 years ago
Anonymous $_PGtSJbg8h

https://arstechnica.com/tech-policy/2022/10/musk-signals-44-billion-twitter-deal-on-track-to-close-this-week/

Elon Musk has confirmed on a video call with his advisers that he intends to close his $44 billion acquisition of Twitter on Friday, potentially bringing an end to the turbulent acquisition process, according to people briefed about the matter.

In another sign that the deal will close by the end of the week, Musk’s lawyers at Skadden, Arps, Slate, Meagher & Flom sent paperwork to equity investors in the deal, according to two investors and a person close to the Tesla boss.