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October 11, 2022 11:40 pm GMT

Banks Would Lose At Least $500M If They Fund Musk's Twitter Deal

The banks providing funds to Elon Musk to complete his Twitter takeover should wait for a minimum of $500 million loss, The Guardian (via Bloomberg) reports. After months of back and forth, the billionaire Elon Musk reportedly finally agreed to fulfill his commitment to buy Twitter at the original price. However, this is not yet [...]

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The post Banks Would Lose At Least $500M If They Fund Musk's Twitter Deal appeared first on Android Headlines.


Original Link: https://www.androidheadlines.com/2022/10/banks-would-lose-at-least-500m-if-they-fund-musks-twitter-deal.html

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