© Stocksak. FILEPHOTO: This illustration, August 10, 2022, features Elon Musk’s photo, Twitter logos, as well as U.S. Dollar banknotes. REUTERS/Dado Ruvic/Illustration
NEW YORK (Stocksak) – Twitter plans to close its deal with billionaire Elon Musk on previously agreed price and terms, Anu Aiyengar, global co-head of mergers and acquisitions at JPMorgan Chase & Co (NYSE:), told a conference in New York.
Musk suggested earlier this month that he proceed with his original $44billion bid, calling for an ending to a lawsuit brought by the social media giant that could have forced Musk into bankruptcy.
Twitter’s financial advisors are JPMorgan and Goldman Sachs (NYSE :).