Banks Financing Musk's Twitter Deal Face Hefty Losses
Elon Musk's U-turn on buying Twitter Inc could not have come at a worse time for the banks funding a large portion of the $44 billion deal and they could be facing significant losses.
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Elon Musk's U-turn on buying Twitter Inc could not have come at a worse time for the banks funding a large portion of the $44 billion deal and they could be facing significant losses.
Elon Musk's U-turn on buying Twitter Inc could not have come at a worse time for the banks funding a large portion of the $44 billion deal.
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Rising interest rates and increasing market uncertainty are likely to upset the risk calculations that buyout loans were based on and lead to fire sal...