Elon Musk Pledges to Close Twitter Deal by Friday

Elon Musk Pledges to Close Twitter Deal by Friday

Assessment

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Elon Musk held a video conference with major bankers to finalize a deal by October 28th. The market shows some hesitation, but high odds are given for the deal's closure. The $13 billion financing involves major banks like Morgan Stanley and Bank of America. Musk is also seeking additional equity partners, with potential workforce layoffs at Twitter being a point of discussion.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the deadline set by the Delaware Chancery judge for Elon Musk's Twitter deal?

November 5th, 9:00 AM Eastern Time

October 30th, 3:00 PM Eastern Time

November 1st, 12:00 PM Eastern Time

October 28th, 5:00 PM Eastern Time

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the significance of the $54.20 per share offer in Elon Musk's Twitter acquisition?

It is the price offered by another bidder.

It is the current market price of Twitter stock.

It is the price set by the Delaware Chancery judge.

It was the original offer Musk reverted to.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much financing is involved in Elon Musk's Twitter acquisition?

$13 billion

$10 billion

$15 billion

$20 billion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which bank holds the largest share of debt commitment in the Twitter acquisition?

MUFG

Barclays

Bank of America

Morgan Stanley

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What potential action by Elon Musk was reported by the Washington Post regarding Twitter's workforce?

Lay off 75% of the workforce

Hire 50% more employees

Relocate the headquarters

Increase salaries by 20%