Allocation of $ 6.25 billion (€ 5.84 billion) from equity to raise a total of $ 44 billion (€ 41.14 billion) for its acquisition Twitter Elon Musk promised yesterday.
The move exhausts the billionaire’s lending margin against his stake in Tesla Inc.
The disposition of the above amount of money was revealed by relevant documents submitted yesterday, implying that Musk is working to complete the agreement. And this despite the fact that last week it had linked its evolution by presenting receipts from Twitter to make sure that fake user accounts correspond to less than 5% of all users of the mentioned social networking page.
THE Elon Musk said yesterday that he was in talks with shareholders, including Jack Dorsey, about additional funding commitments to fund the takeover deal. Twitter shares rose about 6% to $ 39.15 (36.61 euros).
Source: News Beast
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