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A comment on The Email Caste's Last Stand. Parent comment

Re:The Email Caste's Last Stand by _jal on Tuesday November 08, 2022 @01:11PM (#33522183)
No. The $13B debt he saddled Twitter with did not exist during the due diligence phase, which he also waived.

Word was prior to the takeover, their debt was on the order of $200M.

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Re:The Email Caste's Last Stand by judge2020 on Tuesday November 08, 2022 @01:16PM (#33522255)
Based on this Reuters article[0], it was more around $5.3B, but they were only losing 200M/yr.

> It's not clear how much of the $5.29 billion debt Twitter had before the acquisition was refinanced or remained with the company. It's also not clear how much of the $2.7 billion in cash that Twitter held as of the end of June it got to keep once it went private.

0: https://www.reuters.com/markets/deals/twitters-massive-reven...

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Re:The Email Caste's Last Stand by _jal on Tuesday November 08, 2022 @07:03PM (#33525940)
Ah, thanks for the correction.
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