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Elon Musk’s Twitter Buyout Is Officially the Worst Deal Since Financial Crisis

BAWL STREET

The lenders haven’t been able to sell the debt without incurring huge losses, leaving them stuck with the loans.

Dan Ladden-Hall
Dan Ladden-Hall 

Breaking News Editor

Loans that Elon Musk used to buy Twitter have become the worst merger-finance deal for banks since the financial crisis of 2008-09, according to a report.
Marc Piasecki/Getty
Dan Ladden-Hall

Dan Ladden-Hall

Breaking News Editor

DanLaddenHall

dan.hall@thedailybeast.com

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