Friday, January 31, 2025

Musk set to close Twitter deal by Friday

After a long back and forth rumble  withTwitter’s board and Elon Musk, it looks like the Twitter deal may finally happen on the 28th of this month as Musk hopes to meet the deadline date and time of 5pm EST.

Musk will be going to few lenders (Banks) which he would later add to his own cash to buy Twitter. Morgan Stanley, Bank of America, Barclays and Mizhuo are on the list of Elon’s ‘go to bank’ in order for him to complete the deal.

Many believe that the richest man in the world is paying too much for Twitter which might be the reason why Musk wants to cut 75 percent of Twitter’s workforce after He becomes the new owner.

See also
Elon Musk dodges the court by going ahead with the Twitter deal.

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