Deals
Twitter, Musk Talks Warm Up as Buyout Closing Deadline Nears
- Morgan Stanley-led banks expected to fund $13 billion debt
- Musk plans to cut workforce by 75%, allow Trump to return
Twitter headquarters in San Francisco.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Advisers to Twitter Inc. and Elon Musk are hard at work trying to get the $44 billion deal closed by the end of the month, according to people familiar with the matter.
Both sides’ bankers and lawyers are preparing paperwork for the buyout to be completed by the Oct. 28 court-issued deadline, the people said, asking not to be identified because the matter is private.