Tesla CEO Elon Musk might regret his purchase of Twitter—but at least he doesn’t have to regret the way he was going to finance it.
If Musk executed the initial agreement he had signed with bankers to help fund his Twitter purchase, he would have experienced his first margin call, an obligation to cough up cash or provide more collateral. As It turned out, he followed his own advice.
Source: finance.yahoo.com
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