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.
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