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Acquisition of Twitter by Elon Musk: Revision history


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  • curprev 17:2617:26, 3 September 2024 Soibangla talk contribs 275,249 bytes +511 Legacy: The Washington Post reported in September 2024 that the company had lost $24 billion in equity value, "a vaporization of wealth that has little parallel outside the realm of economic or industry-specific crashes, or devastating corporate scandals." undo
  • curprev 05:2705:27, 3 September 2024 Soibangla talk contribs 274,738 bytes +861 Legacy: WSJ reported in August 2024 that the $13 billion Musk borrowed to buy Twitter "is now considered the worst deal in merger finance that banks have participated in since the 2008 to '09 financial crisis", adding that "the allure of banking Elon Musk, providing capital for him to buy a company, not only would reward them handsomely if things went according to plan" but "you can certainly say things have not gone according to plan." undo

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