Elon Musk enters Twitter HQ with sink in hand!
Musk takes over Twitter after closing $44 billion deal
Tesla CEO Elon Musk entered Twitter’s headquarters Wednesday with a sink in hand as his deal to purchase the microblogging website nears completion.
Elon Musk enters Twitter HQ with sink in hand: ‘Let that sink in!’ https://t.co/jhlDSjlsgQ pic.twitter.com/k1whY0sx44
— ANADOLU AGENCY (@anadoluagency) October 26, 2022
Musk’s entry into Twitter’s headquarters comes as his $44 billion rapidly nears completion. On Monday, he reportedly told bankers who are partially funding the deal that he would have it completed by Friday.
Musk’s first move, as the new head of Twitter, was changing the leadership in Twitter. Many top exetucives got fired – Twitter Chief Executive Officer Parag Agrawal; Vijaya Gadde, the head of legal, policy and trust; Chief Financial Officer Ned Segal, who joined Twitter in 2017; and Sean Edgett, who has been general counsel at Twitter since 2012.
The banks, seven in total, have completed financing preparations on some $13 billion they will set up for the deal, and are signing the necessary documentation to send Musk the cash, Bloomberg News reported. The cash is slated to be held in escrow on Thursday ahead of the agreement’s completion, according to Bloomberg, which cited anonymous sources familiar with the matter.
