Bloomberg news legal reporter Jeff Fili is on the phone in Wilmington, Delaware. We are trying to hammer out one of the final turns of the procedural finalization of Twitter suit over Mr. Musk's attempt to try to walk away from the deal. The sticking point at this point is a financing contingency that Mr. Musk included in an FCC letter outlining his offer to revive the deal on its original terms. And, you know, that's not in the original deal and the Twitter folks are not happy about that.
Bloomberg News Legal Reporter Jef Feeley explains that talks between Elon Musk and Twitter to reach a resolution of the $44 billion takeover are stuck in part over Musk’s statement that his offer is now contingent on receiving $13 billion in debt financing. Bloomberg News Wall Street Reporter Sonali Basak discusses Credit Suisse trying to bring in an outside investor to inject money into a spinoff of its advisory and investment banking businesses. Ge Bai, Professor of Health Policy and Management at the Johns Hopkins Bloomberg School of Public Health, talks about providing assistance for underinsured healthcare patients. Bloomberg Businessweek Editor Joel Weber and Businessweek Columnist Max Chafkin have the details of Max's Businessweek cover story Self-Driving Cars Are Starting to Look Like a $100 Billion Bust. Bloomberg News U.S. Economy Reporter Reade Pickert explains how the Fed has a poor record forecasting joblessness around downturns. And we Drive to the Close with Jessica Bemer, Portfolio Manager at Easterly Investment Partners. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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