Re:Twitter set to accept Musk's $43B offer – sources
by karatinversion on Monday April 25, 2022 @10:46AM
(#31155616)
The 43B goes to Twitter's shareholders in exchange for their shares (and financiers who arrange the deal), not Twitter itself.
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Re:Twitter set to accept Musk's $43B offer – sources
by Sol- on Monday April 25, 2022 @01:03PM
(#31157692)
On the contrary, Twitter is going to be saddled with some debt that will be used to finance the takeover. But perhaps this doesn't matter to Musk.
Re:Twitter set to accept Musk's $43B offer – sources
by TobyTheDog123 on Monday April 25, 2022 @11:13AM
(#31156020)
Very true, that's my bad.
Hopefully the rise in valuation, and Elon's involvement, can bring in some more money for the company itself for these kinds of endeavors.