Elon Musk Secures $46.5 Billion to Buy Twitter: SEC Filing

Elon Musk Secures $46.5 Billion to Buy Twitter: SEC Filing

2 years ago
Anonymous $xqL1ZTchGQ

https://www.vice.com/en_us/article/n7npjz/elon-musk-secures-dollar465-billion-to-buy-twitter-sec-filing

Elon Musk has put to bed any idea that he wouldn’t be able to pull together the funding to buy Twitter, saying in a new filing with the Securities and Exchange Commission that he has secured $46.5 billion to buy Twitter.

Musk, the world’s richest man, has been trying to execute a hostile takeover of Twitter for the last few weeks. First, he became the company’s largest shareholder. Then, after rejecting a board seat that would have limited his ability to buy the company, he made a bid to purchase the company outright and take it private.