Elon Musk says he has lined up $46.5bn in financing to buy Twitter, and he’s trying to negotiate an agreement with the company.Last week, Musk announced an offer to buy the social media company for $54.20 per share, or about $43bn. At the time, he did not say how he would finance the acquisition.The Tesla CEO said Thursday in documents filed with United States securities regulators that he’s exploring what’s known as a tender offer to buy all of the social media platform’s common stock for $54.20 per share in cash. Under a tender offer, Musk, who owns about 9 percent of Twitter shares, would take his offer directly to other shareholders, bypassing the board.
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