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Exclusive-Musk, Apollo no longer in talks to finance Twitter deal -source
2022.10.05 17:04
© Reuters. FILE PHOTO: Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS
By Chibuike Oguh
NEW YORK (Reuters) – Apollo Global Management (NYSE:) Inc, which was looking to provide $1 billion earlier this year to Elon Musk for his proposed buyout of Twitter Inc (NYSE:), is no longer in talks with the billionaire entrepreneur, according to a person familiar with the matter.
Twitter and Musk didn’t immediately respond to request for comment. Apollo declined to comment.