Musk’s Twitter takeover – Worst buyout for the banks since the 2008 financial crisis
From the WSJ. Well the laugh is on the banks. 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 seven banks involved in the deal, including Morgan Stanley and Bank of America, lent the money to the billionaire’s holding … Read more