Elon Musk acquires Twitter for roughly $44 billion

Washington Post – In a story about billionaire Elon Musk buying Twitter, Healthy Markets Executive Director Tyler Gellasch is quoted saying “Regulators could raise objections to Musk potentially collateralizing the purchase with Tesla stock. This is buying a lot of one company by borrowing against billions of dollars in shares of another company, and that very concentrated collateral carries risks. If it leads the banks to say they’re going to need more and different collateral, that wouldn’t block Musk’s purchase per se, but it could make the logistics of the deal dicier.” (Full Story).

Reader Interactions