Elon Musk Says Bots Are a Problem for Twitter Deal, Not China

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Elon Musk Says Bots Are a Problem for Twitter Deal, Not China
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Elon Musk cautioned there are a number of issues to iron out before he can complete his $44 billion takeover of Twitter

lon Musk cautioned there are a number of issues to iron out before he can complete his $44 billion takeover of Twitter Inc., including getting an accurate measure of bots on the social media platform and completing financing for the deal.

Banks have committed to provide $13 billion of debt financing to back Musk’s acquisition. The lenders include Morgan Stanley, Bank of America Corp. and Barclays Plc. Musk said he didn’t foresee his business operations in China causing problems if he takes control of Twitter. The Tesla CEO, also the world’s richest person, counts on China as a key production base and growing consumer market for his electric vehicles.

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