The Afternoon Update with Lynlee Foo (1pm – 4pm)The Afternoon Update with Lynlee Foo (1pm – 4pm)

Money in the Market: Could Elon Musk back out of the Twitter buyout deal again?

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Elon Musk seems to have changed his mind about buying Twitter. He’s now willing to proceed with his takeover at the original price $54.20 a share. But the plan now is also contingent on him lining up the necessary debt financing. And that means, major banks led by Morgan Stanley could potentially lose millions. On Money in the Market, Ville Heiskanen, Technology Editor at Bloomberg News, joins us to tells about the latest developments in the deal and what the everything app "X" could offer. 

 

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The Afternoon Update with Lynlee Foo (1pm – 4pm)

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