BRIEF-Elon Musk To Acquire Twitter
April 25 (Reuters) - Twitter Inc:
* ELON MUSK TO ACQUIRE TWITTER
* TWITTER INC - UNDER TERMS OF AGREEMENT, TWITTER STOCKHOLDERS WILL RECEIVE $54.20 PER SHARE
* TWITTER INC - UPON COMPLETION OF TRANSACTION, TWITTER WILL BECOME A PRIVATELY HELD COMPANY
* TWITTER INC - UNDER TERMS OF AGREEMENT, TWITTER STOCKHOLDERS WILL RECEIVE $54.20 IN CASH FOR EACH SHARE OF TWITTER COMMON STOCK
* TWITTER INC - STOCKHOLDERS WILL RECEIVE $54.20 IN CASH FOR EACH SHARE OF TWITTER COMMON STOCK THAT THEY OWN UPON CLOSING OF PROPOSED TRANSACTION
* TWITTER INC - THERE ARE NO FINANCING CONDITIONS TO CLOSING OF TRANSACTION
* TWITTER INC - MUSK HAS SECURED $25.5 BILLION OF FULLY COMMITTED DEBT AND MARGIN LOAN FINANCING
* TWITTER INC - MUSK IS PROVIDING AN APPROXIMATELY $21.0 BILLION EQUITY COMMITMENT
* TWITTER INC - IN LIGHT OF PENDING TRANSACTION ANNOUNCED TODAY, TWITTER WILL NOT HOLD A CORRESPONDING CONFERENCE CALL
* TWITTER INC - TO BE ACQUIRED BY AN ENTITY WHOLLY OWNED BY ELON MUSK, FOR $54.20 PER SHARE IN CASH IN A TRANSACTION VALUED AT APPROXIMATELY $44 BILLION Source text for Eikon: Further company coverage:
