Tag: Mergers, Acquisitions and Divestitures
Elon Musk Says Twitter Deal ‘Cannot Move Forward’ in Current State
Elon Musk, chaos agent.Mr. Musk, the world’s richest man, continued creating confusion around his $44 billion acquisition of…
JetBlue Makes a Hostile Takeover Bid for Spirit Airlines
“It’s unlikely the D.O.J. or a court will be persuaded that JetBlue should be allowed to form an…
Elon Musk Says a Lower Price for Twitter Is ‘Not Out of the Question’
Elon Musk threw another curveball at his takeover of Twitter on Monday.At a technology conference in Miami, Mr.…
Elon Musk Says His Takeover of Twitter Is ‘On Hold.’
Twitter and Mr. Musk have been, so far, working together to close the deal, a person with knowledge…
Two Twitter Leaders Are Leaving Company Following Musk Deal
SAN FRANCISCO — Twitter’s chief executive fired two top executives, froze most new hiring and said he was…
Why Musk’s Twitter Bid Has Shaken Tesla Investors
Some shareholders say Mr. Musk’s off-the-cuff posts on Twitter — he once drew comparisons between Justin Trudeau, the…
Musk Brings in New Investors to Contribute $7 Billion to Twitter Deal
The projected numbers included Twitter’s annual revenue exceeding $13 billion and its earnings before interest, taxes, depreciation and…
Can Elon Musk Make Twitter’s Numbers Work?
Still, the interest rates on the loans reflect the risk that they might not get paid back. The…
How Twitter’s Board Went From Fighting Elon Musk to Accepting Him
Twitter’s board had reached the end of the road.It was April 24. Ten days earlier, Elon Musk, the…
Elon Musk Is a Typical Twitter User, Except for One Thing
Musk’s acquisition has been more than a little crazy-making on a platform where many users’ chief obsession is…
Selling Twitter to Elon Musk Is Good for Investors. What About the Public?
Twitter is “the digital town square, where matters vital to the future of humanity are debated,” a triumphant…
Buying Twitter, Elon Musk Will Face Reality of His Free-Speech Talk
“We need to protect freedom of speech in order to make our democracy work,” said Jameel Jaffer, the…