Exclusive: Apollo, Sixth Street no longer in talks to finance Twitter deal

, are no longer in talks with the billionaire entrepreneur, according to two sources familiar with the matter.

Apollo, Sixth Street and other investors were looking to commit over $1 billion in financing for the deal at the time.Those talks ended months ago around the time Musk started having second thoughts about going through with the deal, the sources cited above said. Musk initially proposed the buyout in April before backtracking in July, and then changing course again this week.

Musk's U-turn on buying Twitter could not have come at a worse time for the banks funding a large portion of the $44 billion deal and they could be facing significant losses due to an unfavorable financing environment, Reuters reported on Tuesday.

ASI ES TODAS LAS COMPRAS EN LA BOLSA DE NUEVA YOR ESTAN SUSPENDIDAS DESDE ANTES DE QUE LO ANUNCIARA EL MISMO ELON MUSK

Mr. Elin Musk, get help from people to buy tweeter. Strongly support freedom of speech in America and the world. I am sure you will succeed. People love you and believe in you and your plans. If an average of 20 million people donate $4,000, the contribution will be larger.

The rise and fall of TeZla very soon.

Twitter is worth approximately $18 Billion - I’m not sure what the problem could be? Lol, :).

davetroy he got a “partner” now, it’s putler

davetroy

Predatory

Can you be responsible for this report?

Saudis?

twit her is gonna cost more than $44B more teslie stock gonna have to sold to free trump's speech

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exclusive: Musk, Apollo no longer in talks to finance Twitter deal, source saysApollo Global Management Inc , which was looking to provide $1 billion earlier this year to Elon Musk for his proposed buyout of Twitter Inc , is no longer in talks with the billionaire entrepreneur, according to a person familiar with the matter. That's fine, Putin is happy to help out an oligarch in need if it means getting their propaganda and disinfo flowing. They always need more money even if they have huge lots of it. Peanuts. Greed. Till when? Nobody likes a fascist
Source: Reuters - 🏆 2. / 97 Read more »

Intel files for Mobileye IPO that may raise up to $2.5 billion - Silicon Valley Business JournalIt's estimated that the offering may raise up to $2.5 billion, which would top the $1 billion IPO by investment firm TPG Inc. in January and the $1.7 billion one by life and asset management business Corebridge Financial Inc. last month.
Source: svbizjournal - 🏆 334. / 59 Read more »