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Blackstone, Vista, Brookfield won’t back Musk’s Twitter bid: Bloomberg

Blackstone and Vista Equity Partners have ruled out financing Elon Musk’s takeover bid for Twitter, Bloomberg reported.

Blackstone and Vista Equity Partners have ruled out financing Elon Musk’s takeover bid for Twitter, Bloomberg reported. Brookfield Asset Management has also opted against backstopping Musk’s unsolicited, $43 billion offer. The reluctance from some of the biggest names in private equity to get involved in Musk’s Twitter adventure underscores the obstacles facing his bid for control of the social media company.

Source: Bloomberg