Elon Musk bought Twitter for $44 billion, but almost a third of it was in bank loans. He used a leveraged buyout strategy, which means Twitter, not Musk, is on the hook to pay back the loans.
NPR
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Elon Musk bought Twitter for $44 billion, but almost a third of it was in bank loans. He used a leveraged buyout strategy, which means Twitter, not Musk, is on the hook to pay back the loans.
NPR
Source link