(Image Source: La Presse)
Musk revises his offer for Twitter, initially having subscribed 25.5 billion
New twist in the match for the acquisition of Twitter from Elon Musk. The patron of Tesla And Space X announced that it has revised the offer, raising the personal stakes at 33.5 billion and further lowering the amount borrowed from banks.
READ ALSO: Musk between Twitter and politics has exposed himself and now pays: allegations of harassment and …
The CEO of Tesla, which he had initially subscribed to 25.5 billion of loans, reduced them to 13 billion dollars, according to a document registered by the American market authority (SEC). In early May, several shareholders of Twitter they had decided to contribute their own shares to the operation, remaining a minority within the capital once the company is canceled from listing.
Musk has now announced that it has received new direct commitments, which have enabled it to reduce the amount of loans by a further 6.25 billion; he did not specify whether the amount comes, in whole or in part, from his personal assets. According to the CNBC, Elon Musk is in discussion with several people to get their contribution, in cash or in shares Twitterand further reduce the loan.
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