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Media Man News
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Media Man News Blog: Elon Musk visits Twitter headquarters ahead of takeover deadline - 26th October 2022
Elon Musk visits Twitter headquarters ahead of takeover deadline
Billionaire Elon Musk said he paid a visit to Twitter Inc's (TWTR.N) headquarters in San Francisco on Wednesday, ahead of a court-ordered deadline to close his $44 billion deal for the social media platform.
"Entering Twitter HQ – let that sink in!" said the caption of a video that Musk tweeted in which he was walking into the Twitter office carrying a sink in his hands.
Elon Musk Twitter
Entering Twitter HQ – let that sink in!
Hours earlier, he hinted at being the company's top boss after updating his profile's bio to "Chief Twit".
Elon Musk Twitter
A beautiful thing about Twitter is how it empowers citizen journalism – people are able to disseminate news without an establishment bias
Twitter confirmed Musk would visit the San Francisco office this week, but declined to comment further.
Banks have started to send $13 billion in cash backing Musk's takeover of Twitter in a sign that the deal is on track to close by the end of the week, the Wall Street Journal reported, citing people familiar with the matter.
Once final closing conditions are met, the funds will be made available for Musk to execute the transaction by the Friday deadline, the report added.
Bank of America and Barclays declined to comment on the report when contacted by Reuters, while Morgan Stanley did not immediately respond to a request for comment.
In the six months of a dramatic back-and-forth since Musk announced his $54.20 per share bid, Twitter initially resisted the deal by adopting a poison pill and later sued the world's richest man after he announced plans to abandon the offer on concerns about spam accounts on the platform.
Earlier this month, Musk proposed to proceed with his original $44 billion bid, calling for an end to the lawsuit by Twitter.
The Tesla Inc (TSLA.O) CEO notified co-investors who committed to help fund the Twitter deal that he plans to close it by Friday, Reuters reported on Tuesday.
Equity investors including Sequoia Capital, Binance, Qatar Investment Authority and others have received the requisite paperwork for the financing commitment from Musk's lawyers, Reuters reported.
Twitter shares were up about 1.1% at $53.91 in extended trading, slightly below Musk's offer price.
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Media Man News Blog" UFC returns to Perth in major boost for local businesses
UFC returns to Perth in major boost for local businesses
The UFC is returning to Perth next year.
The WA Government, through Tourism WA, is proud to support the UFC 284 at RAC Arena on February 12, 2023, and its return to WA after five years.
The star-studded event attracts top ranking fighters and is expected to draw a crowd of around 13,000 supporters, which will directly inject millions into the WA economy and support tourism businesses.
Keep an eye out as current UFC Featherweight Champion, Alexander "The Great" Volkanovski, has just touched down in #WAtheDreamState to promote Perth to his one million followers across his social media accounts.
The last WA-hosted UFC event in 2018 attracted 12,000 spectators, 1.4 million live broadcast viewers and one million out-of-home venue viewers.
For more information, read the media statement
Social Media
Greg Tingle
Tourism Western Australia showing up the Aussie states on this occasion on how sports business and sports tourism is done "Down Under". Nothing quite like a bit of Aussie biffo and WA gets the take-down and KO over the competition today. I guess sometimes politics and sports can mix! Let's Get It On as the likes of 'Big John' or Michael Buffer may call. Punters, what's your dream match? Aussie vs The World!
Tourism WA with another tremendous sports tourism and sports business campaign. Cricket, the UFC announcement a few days ago...At this rate I may have to move there rather than just participate in campaigns from time to time, be it Red Earth Arts Festival, online peg-ons or other. WA is hitting the other Aussie states for 6! Howz That!
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