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Musk may need more financing firms for Twitter deal
Media freaks out over Musk-Twitter deal: Jason Chaffetz
Fox Business contributor Jason Chaffetz discusses how the media is again losing it over Musk-Twitter deal re-up on ‘Fox Business Tonight.’
Elon Musk may need to find other firms to finance his takeover of Twitter.
Apollo Global Management Inc and Sixth Street Partners, which were looking to provide financing earlier this year, are no longer in talks with the billionaire entrepreneur, according to two sources familiar with the matter.
Apollo, Sixth Street and other investors were looking to commit over $1 billion in financing for the deal at the time.
When Musk started having second thoughts about the purchase, the talks ended.
TWITTER, ELON MUSK'S OCT. 17 TRIAL TO PROCEED, JUDGE SAYS