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The Independent UK
The Independent UK
National
Tom Krisher and Matt O'Brien

To buy Twitter, Musk has to keep banks, investors on board

Copyright 2020 The Associated Press. All rights reserved.

If the squabbling ever stops over Elon Musk's renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financing in place.

Earlier this week, Musk reversed course and said he'd go through with acquiring the social media company under the same terms he agreed to in April. But after months of tweetstorms and legal barbs, there are scars and suspicions on both sides.

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