Elon Musk’s Twitter Takeover Is Now the Worst Buyout for Banks Since the Financial Crisis
Loans of around $13 billion have remained ‘hung’ for nearly two years, weighing on banks’ balance sheets
* The resulting write-downs have hobbled the banks’ loan books
* "Twitter isn’t only the biggest hung deal by dollar amount since the 2008 financial crisis but one of the biggest of all time"
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