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Saturday 2nd August 2025
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Category: Deal Drama

Trump applauds Musk’s Twitter takeover, says the platform that banned him ‘is now in sane hands’ [buyout/ takeover]

Trump applauds Musk’s Twitter takeover, says the platform that banned him ‘is now in sane hands’ [buyout/ takeover]

  • October 28, 2022
  • 0 Comments
  • By CorpDev
Twitter's most famous banned user, former President Donald Trump, applauded the platform's new ownership by billionaire Elon Musk, who previously said he doesn't believe in permanent suspensions....
Posted in Deal Drama
Apollo, Sixth Street no longer in talks to finance Twitter deal [Private Equity Insights]

Apollo, Sixth Street no longer in talks to finance Twitter deal [Private Equity Insights]

  • October 6, 2022
  • 0 Comments
  • By CorpDev
Apollo Global Management and Sixth Street Partners, which had been looking to provide financing for Elon Musk’s proposed $44bn buyout of Twitter, are no longer in talks with the billionaire...
Posted in Deal Drama
Elon Musk seeks stay of Twitter litigation for Oct. 28 deal close [Deals Market Headlines | Breaking Stock Market News | Reuters]

Elon Musk seeks stay of Twitter litigation for Oct. 28 deal close [Deals Market Headlines | Breaking Stock Market News | Reuters]

  • October 6, 2022
  • 0 Comments
  • By CorpDev
WILMINGTON, Del, Oct 6 (Reuters) - Elon Musk requested a judge stay his litigation with Twitter Inc(TWTR.N) pending the receipt of financing for the $44 billion deal, which he said is expected to...
Posted in Deal Drama
EXCLUSIVE Musk, Apollo no longer in talks to finance Twitter deal -source [buyout/ takeover]

EXCLUSIVE Musk, Apollo no longer in talks to finance Twitter deal -source [buyout/ takeover]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
NEW YORK, Oct 5 (Reuters) - Apollo Global Management Inc (APO.N), which was looking to provide $1 billion earlier this year to Elon Musk for his proposed buyout of Twitter Inc (TWTR.N), is no longer...
Posted in Deal Drama
Trump Media SPAC Extends Merger Deadline, Paying Nearly $3 Million for Three Months [Deals – News, Articles, Biography, Photos – WSJ.com]

Trump Media SPAC Extends Merger Deadline, Paying Nearly $3 Million for Three Months [Deals – News, Articles, Biography, Photos – WSJ.com]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
The special-purpose acquisition company trying to take Trump Media & Technology Group public will pay nearly $3 million to get three more months to complete the deal, tightening an already narrow...
Posted in Deal Drama

Twitter’s board deserves credit for Elon Musk’s U-turn [Mergers and acquisitions | The Guardian]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
Buying Twitter “is an accelerant to creating X, the everything app”, said Elon Musk, by way of non-explanation of why he is now prepared to do the deal he was desperately trying to escape. One...
Posted in Deal Drama
Blockchain Payments Firm’s $3.6B SPAC Merger Falls Apart [Law360: Mergers & Acquisitions]

Blockchain Payments Firm’s $3.6B SPAC Merger Falls Apart [Law360: Mergers & Acquisitions]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
Special-purpose acquisition company Goldenstone Acquisition Ltd. told regulators on Wednesday that its $3.6 billion take-public merger with blockchain payment firm's Roxe Holding Inc. has been...
Posted in Deal Drama
Elon Musk Offered to Buy Twitter at a Lower Price in Recent Talks [NYT > Mergers, Acquisitions and Divestitures]

Elon Musk Offered to Buy Twitter at a Lower Price in Recent Talks [NYT > Mergers, Acquisitions and Divestitures]

  • October 5, 2022
  • 0 Comments
  • By CorpDev
Before Mr. Musk renewed his $44 billion proposal, he and the company haggled in discussions that ultimately did not advance. Source Author: Kate Conger and Michael S. Schmidt
Posted in Deal Drama
Icahn had Twitter stake worth over $500 mln before Musk’s about-face [buyout/ takeover]

Icahn had Twitter stake worth over $500 mln before Musk’s about-face [buyout/ takeover]

  • October 4, 2022
  • 0 Comments
  • By CorpDev
Icahn made the investment on the belief that Tesla Inc (TSLA.O) chief Musk wouldn't go through a trial that he looked likely to lose, the report said. He also believed that the stock was worth close...
Posted in Deal Drama
Twitter Gets OK To Probe Musk’s Alleged Anonymous Source [Law360: Mergers & Acquisitions]

Twitter Gets OK To Probe Musk’s Alleged Anonymous Source [Law360: Mergers & Acquisitions]

  • October 4, 2022
  • 0 Comments
  • By CorpDev
Twitter Inc. won a green light Tuesday to dig deeper into an unverified, alleged offer to Elon Musk of back channel information about the social media giant Source Author: unknown
Posted in Deal Drama

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