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

Patrick Boyle On Finance

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Twitter's Board Implemented a Poison Pill

Musk has already announced that he doesn't care about the economics at all. If musk was running twitter, he would likely be making all of the decisions. The wall street journal reported on monday that apollo global was considering investing a long with musk in a potential deal. However, apollo is apparently only considering providing debt or preferred equity funding, rather than equity. Another approach would be to use twitter's debt capacity to get financing from banks. But twitter's cash flow from operations last year was around 600 an d, 32 million dollars - not going to support anywhere close to the debt required for a takeover. Musk is already threatening twitter shareholders by saying that 54 20 is his

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