Deals
Musk Swayed Wall Street by Pitching His Vision for Twitter
- Lenders were given some details of how business could be run
- Financing package came together in days, over holiday weekend
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Publicly, Elon Musk has said he doesn’t care about the economics of owning Twitter Inc.
But during a hectic, multi-day scramble to line up $46.5 billion of funds to buy the social media platform, the world’s richest person shared enough of a vision with a dozen banks to persuade them to pull out their checkbooks.