Twitter Plans To Close Musk Deal On Previously Agreed Terms-JP Morgan Exec
car&bike Team
Oct 29, 2022, 03:09 PM
Twitter plans to close its deal with billionaire Elon Musk on previously agreed price and terms, Anu Aiyengar, global co-head of mergers and acquisitions at JPMorgan Chase & Co, told a conference in New York.
Earlier this month, Musk proposed to proceed with his original $44 billion bid, calling for an end to a lawsuit by the social media company that could have forced him to pay up.
JPMorgan and Goldman Sachs are Twitter's financial advisors.
Related News
Latest Cars
Upcoming Cars
Latest News
car&bike Team | Jul 31, 2026TVS Raider Doctor Doom Edition Launched At Rs 95,320TVS has expanded its Marvel-inspired Raider 125 Super Squad lineup with a new Doctor Doom Edition.2 mins read
Jaiveer Mehra | Jul 31, 2026Third-Gen Mercedes-Benz GLA Debuts With Internal Combustion, Electric Powertrains; EV Offers Over 600 Km RangeUnlike the new CLA and GLB, the GLA’s styling draws inspiration from the new GLC EV.1 min read
car&bike Team | Jul 30, 2026Maruti Suzuki's Hansalpur Plant Hits 10 Lakh Annual Production Capacity; First For Suzuki GloballyWith production beginning at its fourth plant, the Hansalpur facility can now build one million cars a year, making it the largest passenger vehicle manufacturing site at a single location in India.1 min read
Amaan Ahmed | Jul 30, 2026Made-In-India Honda Rebel 500 Set To Wear Sub-Rs 4 Lakh Price TagRegional BigWing dealer websites incorrectly listed a price of Rs 5.50 lakh for the Rebel 500, but that's not the price at which the locally-built model will be launched.1 min read
Janak Sorap | Jul 30, 2026Yezdi Adventure Gets Tubeless Spoke Wheels; Scrambler, Roadster Receive New ColoursYezdi has updated its motorcycle lineup with tubeless spoke wheels for the Adventure and fresh colour options for the Roadster and Scrambler.1 min read
car&bike Team | Jul 30, 2026JSW Motor To Offer AWD Option on Chery iCar V23-Based SUVTest mules of the electric SUV have been spotted testing in India on multiple occasions.1 min read
Bilal Firfiray | Jul 30, 2026Kia Syros EV Review: Best EV To Buy Under Rs 20 Lakh?The Kia Syros EV comes into the game with a modern design, spacious cabin, strong performance, decent range and an aggressive pricing. But could it become the new benchmark under Rs 20 lakh?5 mins read
Jaiveer Mehra | Jul 27, 20262026 Maruti Suzuki Brezza Facelift Review: Bestseller Joins The Turbo ClubWhile Maruti’s facelifts have always tended to bring subtle updates over the outgoing models, the latest Brezza brings some heavy updates under the skin, including a new 6-speed manual gearbox and, for the first time, a turbocharged petrol engine option.1 min read
Bilal Firfiray | Jul 24, 2026Honda ZR-V Review: Who Is It For?Honda has brought the new ZR-V to India as their current flagship offering. It’s a CBU, it’s a hybrid, and it’s here for a limited few. Who is it for though?1 min read
Girish Karkera | Jul 29, 2026Mercedes-AMG E53 4MATIC+ PHEV First Drive Review: Just What The Doctor OrderedThere are luxury cars and there are high-performance cars. But what if you want both for the price of one? Mercedes-Benz has a recommendation that promises to tread a fine line between the two – the second generation E53 with a twist.7 mins read
Shams Raza Naqvi | Jul 15, 2026Ferrari 849 Testarossa Spider Driven: Rs. 11.25 Crore Meets 1,000 bhpWe got behind the wheel of the most powerful convertible from Ferrari. What makes the 849 Testarossa Spider Special? We tell you.1 min read