3min chapter

Patrick Boyle On Finance cover image

Elon Musk- Corporate Raider - Will He Actually Buy Twitter?

Patrick Boyle On Finance

CHAPTER

Elon Musk's Tender Offer and Proxy Fight Could Help the Board Get Rid of the Poison Pill

Elon musk filed a schedule 13 d with the c c to day, which pdates his prior 13 g form, which was his offer to buy twitter. The new filing shows a letter from his banks offering a 13 billion dollar loan to twitter if he buys it. And a third agreement is included between elon musk and himself that he'll put in place the remaining 21 billion dollars. So this is now looking like a more serious offer than be or take Twitter over.

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