Tesla Chief Executive Elon Musk disclosed Thursday that he has received commitment letters for $46.5 billion in funding to finance his offer to buy Twitter Inc.
In a securities filing, Mr. Musk also said that given the lack of a response from Twitter’s board, he is now exploring a tender offer to acquire shares of Twitter directly from shareholders, though he said he hasn’t decided whether to do so.
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This post first appeared on wsj.com