Twitter plans to close Musk deal on previously agreed terms-JPMorgan exec
Reuters
Published Oct 26, 2022 11:22AM ET
Updated Oct 26, 2022 11:41AM ET
NEW YORK (Reuters) - Twitter plans to close its deal with billionaire Elon Musk on previously agreed price and terms, Anu Aiyengar, global co-head of mergers and acquisitions at JPMorgan Chase & Co (NYSE:JPM), told a conference in New York.
Earlier this month, Musk proposed to proceed with his original $44 billion bid, calling for an end to a lawsuit by the social media company that could have forced him to pay up.
JPMorgan and Goldman Sachs (NYSE:GS) are Twitter's financial advisors.
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Written By: Reuters
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