Musk is expected to close the deal before the end of the month

Oct 22, 2022|

Musk is expected to close the deal before the end of the month


Advisers to Twitter and Elon Musk are pressing ahead with their efforts to close their $44 billion acquisition by the end of the month, according to people familiar with the matter. Despite months of recriminations between Twitter and Mr. Musk, the two sides have patched things up, and the focus has shifted from litigation to closing the deal as quickly as possible, according to people familiar with the matter. Wall Street banks, led by Morgan Stanley, are also speeding up efforts to help close about $13bn of debt financing for the deal.

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