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Mid-Market Dealmakers Look for Due Diligence Lessons from the Twitter-Musk Saga

Negotiating a very protective specific performance clause and a breakup fee are some of the takeaways.

October 31, 2022

The takeover caps a convoluted saga that began in January with the billionaire’s quiet accumulation of a major stake in the company.

October 28, 2022

Twitter’s lawyers said in a letter that the billionaire’s attempt to walk away is “invalid and wrongful.”

September 12, 2022

The acquisition comes after the NCAA allowed student athletes to profit from their names and images.

July 22, 2022

Elon Musk’s proposed acquisition of Twitter Inc. may fall apart over his doubts that the firm accurately reports the number of spam bots.

July 8, 2022

Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc.

May 12, 2022

Musk secured $25.5 billion of debt and margin loan financing and will provide about $21 billion in equity to fund the deal.

April 25, 2022

Morgan Stanley, Musk’s adviser, has pledged to provide about $5.5 billion.

April 22, 2022