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2024-08-20 10:50:19

ResearchBuzz on Nostr: #SiliconValley #finance #SocialMedia #Twitter #ElonMusk 'The $13 billion that Elon ...

#SiliconValley #finance #SocialMedia #Twitter #ElonMusk

'The $13 billion that Elon Musk borrowed to buy Twitter has turned into the worst merger-finance deal for banks since the 2008-09 financial crisis.... The value of the loans to Musk quickly soured after the $44 billion acquisition was completed. But new analysis shows how their persistent underperformance has put the deal in historic territory.'

https://www.wsj.com/tech/elon-musks-twitter-takeover-is-now-the-worst-buyout-for-banks-since-the-financial-crisis-3f4272cb?st=qeqqc5z9zgmscsk&mod=googlenewsfeed
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