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The much-awaited Elon Musk-Twitter deal is reportedly about to close this week. The information was conveyed to the debt bankers by Musk in a video conference. As per the details from people close to the matter, the deal is likely to close by Friday. The $13 billion debt has been finalized by the banks. The details imply that the only thing left to do is to sign the papers. According to people familiar with the matter, this will be the final stage before the funds are given to Musk. JUST IN: Elon Musk tells bankers he plans to close the $44 billion Twitter acquisition deal on Friday. — Watcher.Guru (@WatcherGuru) October 25, 2022 Elon Musk-Twitter deal to close before October 28 deadline According to the details conveyed to the banks by Elon Musk , the deal will close before the court-provided deadline of October 28. The banks handling the debt will receive a borrowing notice on Tuesday. According to people familiar with the matter, the cash is expected to be he...

Elon Musk recently proposed buying social media giant Twitter for its original price of $54.20 per share. The reports were revealed by sources close to Musk. The most recent proposal was made by Musk in a letter sent to Twitter . Even though Twitter didn’t respond to the offer immediately, there was a positive rally displayed by Twitter stock. In one of the most recent updates, according to people familiar with the matter, the deal is at a standstill over debt-financing issues. JUST IN: Elon Musk and Twitter are reportedly struggling to reach a final acquisition agreement. — Watcher.Guru (@WatcherGuru) October 6, 2022 Elon Musk-Twitter deal struggles to reach an agreement The Twitter takeover deal is reportedly struggling to conclude due to an issue with receiving $13 billion in debt financing. Elon Musk’s acquisition of Twitter has sparked widespread interest in the financial and technology worlds. On July 9, Tesla’s CEO announced his deci...