Re:Twitter Deal Temporarily on Hold
by logifail on Friday May 13, 2022 @07:46AM
(#31366248)
> his collateral for the buyout is Tesla stock
That may have been part of the original plan, but:
"Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter to eliminate the need for any margin loan linked to his Tesla shares, according to people with knowledge of the matter. "[0]
That may have been part of the original plan, but:
"Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter to eliminate the need for any margin loan linked to his Tesla shares, according to people with knowledge of the matter. "[0]
[0] https://fortune.com/2022/05/12/elon-musk-avoid-tesla-margin-...