The Banks That Financed Elon Musk's Acquisition of Twitter Are Now Absolutely Screwed
Major Hang-Up Elon Musk's takeover of X, formerly Twitter, has proved so disastrous that it's resulted in the worst merger-finance deal for banks since the 2008 to 2009 financial crisis, The Wall Street Journal reports. Typically, banks that lend money for takeovers try to quickly sell the debt to other investors so they can get […]
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