Twitter Deal On Hold
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Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore) in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
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Banks Forced To Hold On To Twitter Deal Debt: Report
The banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses.
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"Instagram A Thirst Trap", Says Elon Musk, Admits He Has Secret Account
Months after moving to buy Twitter for $44 billion, Elon Musk put the deal on hold accusing the micro-blogging platform of fraud.
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Elon Musk Claims Engagement on Twitter Dropped in Recent Weeks, Ahead of Upcoming Court Battle
Elon Musk on Saturday claimed that engagement on Twitter had dropped “in recent weeks and days”, prompting several responses on the microblogging site. The comments from the Tesla CEO come after a Delaware court set an October 17 date for Twitter’s lawsuit against Musk, asking the court to direct Musk to complete the $44 billion (roughly Rs. ...
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Twitter's Lawsuit Against Elon Musk To Be Heard On October 17
A Delaware judge ordered a five-day trial to run October 17-21 in Twitter Inc's lawsuit seeking to hold Elon Musk to his $44 billion deal for the social media platform, according to a court filing made public on Friday.
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Twitter Shareholders to Vote on Elon Musk’s $44 Billion Takeover Offer in September: Details
Twitter has announced it will hold a shareholder meeting on September 13 to vote on the $44 billion (roughly Rs. 3,51,450 crore) takeover offer from Elon Musk. The microblogging platform’s board has unanimously recommended that shareholders vote, in person or online, in favour of Musk buying the company for $54.20 (roughly Rs. 4,300) per share ...
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Twitter To Hold Shareholder Vote On Musk's $44 Billion Offer In September
Twitter Inc said on Tuesday it would hold a shareholder meeting on Sept. 13 to vote on the social media company's proposed $44 billion takeover offer by Tesla chief Elon Musk.
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Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal; Delay Threatens Irreparable Harm, Judge Says
Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...
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Elon Musk ‘Slow-Walking’ Trial Over $44 Billion Deal, Twitter Claims
Twitter has accused Tesla CEO Elon Musk of trying to "slow walk" the company's lawsuit to hold him to his $44 billion (roughly Rs. 3,51,500 crore) acquisition of the microblogging service. Urging a September trial to ensure deal financing remains in place, Twitter said that if Musk is ordered to close the deal it could still take months of addition...
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Elon Musk’s Fight Over Twitter Deal Could Attract Further SEC Scrutiny, Experts Say
Elon Musk’s fight with Twitter over his $44 billion (roughly Rs. XXX crore) deal to buy the microblogging service could draw further scrutiny from the US Securities and Exchange Commission (SEC), according to experts. The SEC might want to investigate whether Musk misled the market during the deal. The social media service has not only alleged th...
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Twitter’s Lawsuit Against Elon Musk to Be Overseen by First Female Chief Judge on Delaware’s Business Court
Twitter’s lawsuit against Elon Musk will be overseen by the first first female chief judge on Delaware's nationally known business court. The lawsuit that aims to hold Elon Musk to his agreement to buy the social media platform for $44 billion, was filed by the microblogging platform. It has submitted that Musk wanted to back out in part because ...
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Musk Says $44 Billion Twitter Deal On Hold Over Fake Account Data
Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold" while he waits for the social media company to provide data on the proportion of its fake accounts.
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Twitter Deal On Hold Over "Significant Questions" On Fake Users: Elon Musk
Business magnate Elon Musk said Tuesday that his $44 billion move to take over Twitter remained held up by "very significant" questions about the number of fake users on the social network.
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Elon Musk's Twitter Deal Threats Said to Put New Financing on Hold
Elon Musk's efforts to arrange new financing that will limit his cash contribution to his $44 billion (roughly Rs. 3,41,800 crore) acquisition of Twitter said to have been put on hold because of the uncertainty surrounding the deal, according to people familiar with the matter.
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Twitter Says US Antitrust Waiting Period for Musk’s Acquisition Ended, Deal Now Subject to Closing Conditions
Twitter cleared on Friday that the US antitrust waiting period for Elon Musk's $44 billion acquisition of the social media giant had expired. Now, completion of the deal is subject to remaining customary closing conditions, including approval by Twitter stockholders and any other regulatory approvals.
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Elon Musk-Twitter Takeover: Banks Said to Be Forced to Hold on to Twitter Deal Debt
Days ahead of the deadline for Elon Musk to close the deal to purchase Twitter, the banks that are providing $13 billion (roughly Rs. 1,07,300 crore) in financing for the deal are said to have dropped their plans to syndicate the debt to investors. Instead, the banks such as Morgan Stanley, Barclays, and Bank of America could keep it on their bala...
-
Banks Forced To Hold On To Twitter Deal Debt: Report
The banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses.
-
"Instagram A Thirst Trap", Says Elon Musk, Admits He Has Secret Account
Months after moving to buy Twitter for $44 billion, Elon Musk put the deal on hold accusing the micro-blogging platform of fraud.
-
Elon Musk Claims Engagement on Twitter Dropped in Recent Weeks, Ahead of Upcoming Court Battle
Elon Musk on Saturday claimed that engagement on Twitter had dropped “in recent weeks and days”, prompting several responses on the microblogging site. The comments from the Tesla CEO come after a Delaware court set an October 17 date for Twitter’s lawsuit against Musk, asking the court to direct Musk to complete the $44 billion (roughly Rs. ...
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Twitter's Lawsuit Against Elon Musk To Be Heard On October 17
A Delaware judge ordered a five-day trial to run October 17-21 in Twitter Inc's lawsuit seeking to hold Elon Musk to his $44 billion deal for the social media platform, according to a court filing made public on Friday.
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Twitter Shareholders to Vote on Elon Musk’s $44 Billion Takeover Offer in September: Details
Twitter has announced it will hold a shareholder meeting on September 13 to vote on the $44 billion (roughly Rs. 3,51,450 crore) takeover offer from Elon Musk. The microblogging platform’s board has unanimously recommended that shareholders vote, in person or online, in favour of Musk buying the company for $54.20 (roughly Rs. 4,300) per share ...
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Twitter To Hold Shareholder Vote On Musk's $44 Billion Offer In September
Twitter Inc said on Tuesday it would hold a shareholder meeting on Sept. 13 to vote on the social media company's proposed $44 billion takeover offer by Tesla chief Elon Musk.
-
Twitter Gets Fast-Tracked Elon Musk Trial Over $44 Billion Deal; Delay Threatens Irreparable Harm, Judge Says
Twitter on Tuesday won a bid to expedite its trial against Elon Musk, seeking to hold the Tesla CEO to his $44 billion (roughly Rs. 3,51,800 crore) takeover of the microblogging service. The Court of Chancery in Delaware said that the social media company deserved a quick resolution of the deal's uncertainty. Musk had pushed for a trial in February...
-
Elon Musk ‘Slow-Walking’ Trial Over $44 Billion Deal, Twitter Claims
Twitter has accused Tesla CEO Elon Musk of trying to "slow walk" the company's lawsuit to hold him to his $44 billion (roughly Rs. 3,51,500 crore) acquisition of the microblogging service. Urging a September trial to ensure deal financing remains in place, Twitter said that if Musk is ordered to close the deal it could still take months of addition...
-
Elon Musk’s Fight Over Twitter Deal Could Attract Further SEC Scrutiny, Experts Say
Elon Musk’s fight with Twitter over his $44 billion (roughly Rs. XXX crore) deal to buy the microblogging service could draw further scrutiny from the US Securities and Exchange Commission (SEC), according to experts. The SEC might want to investigate whether Musk misled the market during the deal. The social media service has not only alleged th...
-
Twitter’s Lawsuit Against Elon Musk to Be Overseen by First Female Chief Judge on Delaware’s Business Court
Twitter’s lawsuit against Elon Musk will be overseen by the first first female chief judge on Delaware's nationally known business court. The lawsuit that aims to hold Elon Musk to his agreement to buy the social media platform for $44 billion, was filed by the microblogging platform. It has submitted that Musk wanted to back out in part because ...
-
Musk Says $44 Billion Twitter Deal On Hold Over Fake Account Data
Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold" while he waits for the social media company to provide data on the proportion of its fake accounts.
-
Twitter Deal On Hold Over "Significant Questions" On Fake Users: Elon Musk
Business magnate Elon Musk said Tuesday that his $44 billion move to take over Twitter remained held up by "very significant" questions about the number of fake users on the social network.
-
Elon Musk's Twitter Deal Threats Said to Put New Financing on Hold
Elon Musk's efforts to arrange new financing that will limit his cash contribution to his $44 billion (roughly Rs. 3,41,800 crore) acquisition of Twitter said to have been put on hold because of the uncertainty surrounding the deal, according to people familiar with the matter.
-
Twitter Says US Antitrust Waiting Period for Musk’s Acquisition Ended, Deal Now Subject to Closing Conditions
Twitter cleared on Friday that the US antitrust waiting period for Elon Musk's $44 billion acquisition of the social media giant had expired. Now, completion of the deal is subject to remaining customary closing conditions, including approval by Twitter stockholders and any other regulatory approvals.
