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Enlarge (credit: Getty / Aurich) Elon Musk left traders scratching their heads last week after tweeting that he was thinking about taking Tesla private for $ 420 per share—and had “funding secured” to do so. Musk finally cleared up some of the confusion on Monday, publishing a blog post saying that Saudi Arabia’s sovereign wealth fund […]
Enlarge / Elon Musk in 2016. (credit: PHILIPPE LOPEZ/AFP/Getty Images) Three days after Elon Musk tweeted that he had “funding secured” to take Tesla private, we still don’t know who, if anyone, has agreed to provide the billions of dollars needed to buy out the company. But plaintiffs’ lawyers aren’t waiting any longer for Musk […]
[unable to retrieve full-text content] Filed under: Earnings/Financials,Government/Legal,Green,Tesla,Electric The pressure is on Elon Musk to provide details of his financing plan. Continue reading Saudi fund has shown no interest in bankrolling Tesla buyout Saudi fund has shown no interest in bankrolling Tesla buyout originally appeared on Autoblog on Sat, 11 Aug 2018 18:45:00 EDT. Please […]
Getty Nordstrom said it rejected a takeover offer from members of the Nordstrom family. They called the price “inadequate.” The family members — who are decedents of founder John W. Nordstrom — own about a 30% stake in the company. NEW YORK (AP) — Department store operator Nordstrom said Monday it had rejected a takeover […]
