Big Donors Like Steve Schwarzman Back Away From Donald Trump
Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
Deep-pocketed conservatives, including Stephen A. Schwarzman and Kenneth C. Griffin, said they plan to back alternatives to the former president.
Disputes over compensation and firings, and potentially over layoffs, could push both sides into fresh legal battles.
The world of deal making has always been rough and tumble. But Mr. Musk blows any predecessors away.
Asset management groups Fidelity, Brookfield and Sequoia Capital are among the new backers to provide financing for Elon Musk's $4bn buyout of Twitter, the Financial Times reported. The post Sequoia backs Musk’s Twitter deal while PE
Apollo Global Management is said to be in talks with Elon Musk to provide further preferred equity financing to reduce the $21bn cash contribution he has committed in the Twitter acquisition deal. The post Apollo
Financially speaking, the billionaire’s buyout of the social media network breaks all the usual rules.
Software-focused PE house Thoma Bravo is reported in talks with Tesla chief executive Elon Musk to partner for a possible takeover bid for Twitter, New York Post reported quoting two sources. The post Thoma Bravo
The world’s richest man is trying to shore up debt financing, including potentially taking out a loan against his shares of Tesla, so he can buy Twitter for $43 billion.
Private equity firms have expressed interest in participating in a deal for Twitter, Reuters reported quoting people familiar with the matter. The post Private equity firms show interests in a Twitter deal – report first
Investors have been skeptical that Elon Musk would be able to cobble together the funds needed to buy Twitter.
Elon Musk could pledge his Tesla shares, borrow from banks or team up with private equity to raise the funds. Each option comes with caveats.
