The King, 88, had undergone gallbladder surgery in 2020
Elon Musk on Wednesday pledged an additional $6.25 billion in equity financing to fund the $44-billion offer for Twitter, reducing the billionaire's margin loan against his Tesla Inc shares to zero.
The disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked its progress to Twitter presenting proof that spam bots accounted for less than 5 per cent of the total users.
While doubting that spam bots accounted for at least 20 per cent of the users, the world's richest man and Tesla top boss had suggested he could seek a lower price for the social media company.
Musk said on Wednesday he was also in talks with shareholders, including Jack Dorsey, for additional financing commitments to fund the deal.
Twitter shares jumped around 6 per cent to $39.15 in extended trading. Musk could not be immediately reached for comment.
He initially took a $12.5-billion margin loan, but earlier this month reduced it to $6.25 billion after bringing in co-investors.
In April, Musk had lined up $46.5 billion in debt and equity financing to buy Twitter, with Musk himself committing $33.5 billion.
ALSO READ:
After Musk's offer, Twitter's board initially voted to adopt a poison pill that limited his ability to raise his stake, but later voted unanimously to accept his buyout offer.
Twitter last week said it was committed to the deal at the agreed price of $54.20. Separately, at an annual shareholder meeting on Wednesday, Twitter investors blocked the re-election of an ally of Musk to its board.
The King, 88, had undergone gallbladder surgery in 2020
Delhi posted 224-4 courtesy of a 113-run stand between Pant (88) and fellow left-hander Axar Patel, who hit 66
The move is seen as part of Ukraine's efforts to reinforce its army as soldiers struggle to hold positions against Russia
The Jamaican currently holds world records in the 100m, 200m and 4x100m with times of 9.58s, 19.19s and 36.84s respectively
Total property income posted year-on-year growth of 10% to $74m, highest value ever
All official donation channels however remain open through the outlets announced by government agencies
The Starlight Park is a four-building freehold community in Meydan
The 22-time major champion admits his farewell tour hasn't been as enjoyable as he would have hoped