电报群科学上网(www.telegram8.vip)是一个Telegram群组分享平台,电报群科学上网内容包括Telegram群组导航、telegram群组、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容,为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

首页社会正文

Bankers look past Musk’s Twitter fickleness

admin2022-07-2110

www.a55555.net彩票网www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

Bankers will be closely watching the legal situation play out and haven’t ruled out the possibility that the deal could still close.

NEW YORK: It isn’t the first time billionaire Tesla Inc founder Elon Musk burned his investment bankers on deals and it may not be the last.

When Musk dropped a regulatory filing late last Friday saying he was walking away from his US$44bil (RM195bil) agreement to buy Twitter Inc, some of the bankers who were backing him felt a mixture of disappointment and relief even with millions of dollars in fees at risk, according to sources.

“He did burn bankers for tonnes of time,” said Susan Wolford, a former investment banker who was vice-chair and ran the tech group at Bank of Montreal.

“You have to take this to committee, you have to do all the work for something that large.”

While Musk has said he’s walking away, Twitter has vowed to keep the deal alive and has threatened legal action.

Many of the bankers had no heads-up from Musk’s camp that the filing was coming, with one person saying that, for legal reasons, the group in the know was kept *** all.

Sources said they had an inkling of Musk’s second thoughts from the first time he tweeted that the deal was on hold in May.

It was the second time in five years that Musk fielded an ambitious acquisition idea that got Wall Street’s hopes up, only to change his mind.

In that 2018 episode, Musk tweeted about taking Tesla private with the claim “funding secured.”

,

新2会员网址www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

The Twitter agreement had made it to the announcement stage, though, with many banks lending their balance sheets and names to his effort, led by Morgan Stanley.

According to Musk’s filing last Friday, Morgan Stanley has spent much of the past two months “requesting critical information from Twitter.”

A representative for Morgan Stanley couldn’t be reached for comment.

The fee bonanza from the deal is now in peril. Twitter bankers Goldman Sachs Group Inc. and JPMorgan Chase & Co were set to earn a combined US$133mil (RM589mil) in fees once it closed, according to filings.

Morgan Stanley and the other banks working with Musk were also expected to have a big payday.

Banks and other advisers could still get a *** all fee even if the deal dissolves – but likely only a fraction of their take if it closed.

Even though they said Musk had lost some credibility, most of the bankers, who didn’t want to be identified, said they would jump at the chance of working with Musk again.

Musk’s business empire is the main reason. SpaceX was worth US$125bil (RM553bil) in a fundraising round in May, making it the most valuable US startup on record, according to data from CBInsights.

The bankers who stand to lose out on the Twitter deal still got closer to Musk during this process, perhaps allowing them to still feast on fees if SpaceX goes public as expected in the next few years.

网友评论

1条评论
  • 2022-07-21 00:03:42

    SHANGHAI roasted under some of its hottest temperatures ever recorded today as a searing heatwave in China triggered a flurry of weather alerts and strained the farming and energy sectors.这个不火天理难容

最新评论

热门标签