, Twitter would merge with X Holdings II, but keep its name and general corporate structure while continuing to operate under Delaware law. X Holdings I, controlled by Musk, would then serve as the merged entity’s parent company, while X Holdings III would take on the $13 million loan that a group of big banks provided Musk to help cover the $44 billion purchase. Here’s where things get interesting.
, while X Holdings III handles the cash. The Nevada filings show this exact arrangement is no longer in efect.According to the Nevada secretary of state’s online business portal, Elon Musk registered two new businesses in the state on March 9: X Holdings Corp., and X Corp. Then, on March 15, Musk applied to merge those Nevada businesses with two of his existing companies: X Holdings I with X Holdings Corp., and Twitter Inc. with X Corp.
Twitter is censoring..... Shame on them
The social media platform formerly known as 'Twitter'?
But I’m not surprised SLATE sucks
galileocheng Such nonsense.
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