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Musk, the world's richest person, visited Twitter's headquarters
in San Francisco on Wednesday and hinted he was the company's
top boss after updating his profile bio to "Chief Twit".
Reuters reported on Tuesday that equity investors, including
Sequoia Capital, Binance, Qatar Investment Authority and others,
had received the requisite paperwork for the financing
commitment from Musk's lawyers.
The deal's completion would mark an end to a lawsuit by Twitter,
which, along with investors, now expects the deal to be
completed on its original terms of $54.20 per share.
Twitter's shares were up about 1% at $53.92 in premarket
trading, compared with Musk's offer price of $54.20 per share.
The stock has surged nearly 65% from a four-month low hit in
July.
(Reporting by Mrinmay Dey in Bengaluru; Additional reporting by
Medha Singh; Editing by Savio D'Souza and Shounak Dasgupta)
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