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What is Elon Musk's Twitter deal?

We learned some important details about Elon Musk’s Twitter deal this week. But first... Twitter Inc. filed its proxy statement this week with the SEC. This is the formal document outlining lots of details about Elon Musk’s deal to acquire the social media company for $44 billion.

What do the musk documents mean for Twitter?

The documents represent one of the last steps in closing the deal. Earlier this month, when Musk said he would purchase the company at its original price after months of litigation, Twitter said it would not accept the offer until the billionaire could prove financing was in place.

Who are Elon Musk's board members?

The first two board members Musk contacted after buying up a massive Twitter stake were former Chief Executive Officer Jack Dorsey and Egon Durban, the co-CEO of Silver Lake. It’s interesting if only because those are the two people with whom Musk had obvious prior relationships. Dorsey and Musk are friends, something we’ve covered a bit here.

Will Elon Musk find Equity Partners?

Musk’s effort to find equity partners “may result in Mr. Dorsey continuing to hold equity of the surviving corporation or one or more of its affiliates following the merger,” the filing reads, adding that the two men have had discussions about it.

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