Elon Musk Told Banks He 

Will Rein In Twitter Pay

Elon Musk Told Banks That Agreed To

Help fund his $44 billion acquisition of Twitter Inc that he could crack down on executive and board pay at the social media company in a push to slash costs

Elon Musk Would Develop

New ways to monetize tweets, three people familiar with the matter said.

Musk Made The Pitch To The Lenders

As he tried to secure debt for the buyout days after submitting his offer to Twitter on April 14, the sources said.

His Submission Of Bank

Commitments on April 21 were key to Twitter's board accepting his "best and final" offer.

Musk Had To Convince

The banks that Twitter produced enough cash flow to service the debt he sought.

He Clinched $13 Billion In Loans

Secured against Twitter and a $12.5 billion margin loan tied to his Tesla stock. He agreed to pay for the remainder of the consideration with his own cash.

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