The banks that loaned Musk $13B to buy Twitter might be having regrets | TechCrunch
August 31, 2024 6:56 PM0
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X, formerly known as Twitter, looks like a pretty bad investment right about now. As readers might recall, Elon Musk borrowed $13 billion from Morgan Stanley, Bank of America and five other major banks to help finance its $44 billion acquisition. According to the WSJ, the deal has since become the worst merger-finance deal for […]
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