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Musk Twitter buyout on track as possible deal edges close

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Elon Musk’s Twitter romance took another twist on Sunday as it emerged representatives of the Tesla CEO had reportedly restarted negotiations for a takeover bid, with a deal possibly being closed as early as Monday according to CNBC.

Last Thursday Musk announced he’d secured significant backing from Morgan Stanley for his $43BN bid – reportedly leading to stakeholder confidence – but sources claim certain securities in the event of the deal collapsing are holding up talks.

That didn’t stop Musk flirting with his 83MN followers Sunday morning with a typically cryptic tweet, simply saying “Moving on…” – from teasing Bill Gates for shorting Tesla stock.

 

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