Elon Musk said that Morgan Stanley and other banks will loan $25.5 billion toward purchasing Twitter.
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Musk, who currently owns a 9.2% stake in Twitter, previously made a “best and final” offer to buy the remaining shares of Twitter he did not already own for $54.50 a share, or for about $43 billion in total. Twitter responded to Musk’s takeover attempt last week by adopting a “After the initial 9.
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