May 26 (Reuters) - Elon Musk has won the backing of some of the world's wealthiest investors for his $44 billion takeover of Twitter Inc (TWTR.N).
From Oracle Corp's (ORCL.N) co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight behind the offer. read more
Here's how the deal stacks up:
** Musk increased his financing commitment to $33.5 billion, from $27.25 billion - including the $7.14 billion funding announced earlier in May.
** The margin loan from Morgan Stanley tied to his Tesla stock, which stood at $6.25 billion, has now been removed from the financing equation.
** Musk has secured commitments from banks for $13 billion in loans secured against Twitter shares
Following is a list of investors who have together promised about $7 billion in funding, according to a filing on Thursday:
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