Elon Musk has reportedly told bankers funding his $44 billion acquisition of Twitter that he plans to close the deal by Friday.
Sources familiar with the matter told Bloomberg that the banks, who are providing $13 billion in debt financing, have finished putting together a final credit agreement and are in the process of signing the paperwork.
Additionally, CNBC's David Faber tweeted that the deal's equity investors have received paperwork from Musk's lawyers in order to prepare for the deal's closing.
Representatives for Twitter declined to comment. Representatives for Musk did not immediately return FOX Business' request for comment. As of the time of publication, Twitter shares are up 24% year to date.... Read More: FOX Business