Greenlight’s Einhorn optimistic Twitter deal with Musk will close By Reuters


© Reuters. FILE PHOTO: David Einhorn, president of Greenlight Capital, speaks during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid

NEW YORK (Reuters) – Hedge fund manager David Einhorn, whose Greenlight Capital has had a long history with entrepreneur Elon Musk, in a letter on Friday said he expects Musk’s deal to buy Twitter Inc (NYSE:). will “close at or near the originally agreed upon price.”

Einhorn told his investors in August that he had bought a stake in Twitter, and now said he believes the lawsuit in Delaware that could decide the fate of the deal “is going well for TWTR.”

Reuters saw a copy of the letter.

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