Two sources familiar with the matter said that NEW YORK Apollo Global Management Inc and Sixth Street, who were looking to provide funding to Elon Musk earlier this year for his proposed buyout of Twitter Inc., are no longer in talks with the billionaire entrepreneur.
Musk and Twitter are in a dispute after the entrepreneur initially pulled his offer to buy the company. They are in talks to end the case and clear the way for the $44 billion deal to close.
While Apollo and Sixth Street didn't respond immediately to a request for comment, Twitter and Musk didn't respond immediately to the request for comment.
Musk said he would finance the deal with his own cash, co-investors and bank financing.
Apollo was considering ways to provide financing to a deal earlier in the year, sources told Reuters.
Sixth Street was part of the talks, where the investors were looking at providing $1 billion for the deal.
The talks ended on Wednesday, according to sources familiar with the matter.