Elon Musk halted in his Twitter takeover - Breaking News

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Thursday, October 6, 2022

Elon Musk halted in his Twitter takeover

Elon Musk has agreed to buy Twitter at its original price but hasn’t settled the deal financially yet, Sky News Business Editor Ross Greenwood says. “The stocking point here is actually trying to get that finance now, of course stock markets, bond markets, they’ve all moved … even the appetite of some of the lenders might be a bit different now,” Mr Greenwood said. “Elon Musk is still convinced he’s going ahead with it but basically Twitter is saying at this stage well until you stump up that $US44 billion you ain’t taking over anything.”

from Latest World News Headlines | Daily Telegraph https://ift.tt/2QXVhFI

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