Wednesday, May 11, 2022

Investors think unlikely Elon Musk buys Twitter at agreed $44 billion price

The implied probability of the deal closing at that price fell below 50% when Twitter shares hit $46.75, based on the $54.20 deal price and Twitter's shares having closed at $39.31 on April 1, the last trading day before Musk revealed he had amassed a stake in the social media company.

from Tech-Economic Times https://ift.tt/CX7w6Dy

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...