Elon Musk lines up big-name investors, eyes Twitter’s interim CEO role after takeover - Sydney Morning Herald
5/5/2022 12:00:00 AM2 years 11 months ago
by Nivedita Balu and Svea Herbst-Bayliss
by Nivedita Balu and Svea Herbst-Bayliss
Elon Musk is expected to become Twitter’s temporary CEO after closing his $US44 billion takeover of the social-media firm as he inches closer to securing funds for the deal.
Musk increased the financing commitment to $US27.25 billion, which includes commitments from 19 investors, while reducing a margin loan from Morgan Stanley to $US6.25 billion. He has already secured … [+2030 chars]
full article...