MarketWatch First Take: Twitter is spending $2 billion to save Jack Dorsey’s part-time job “” for now

MarketWatch First Take: Twitter is spending $2 billion to save Jack Dorsey’s part-time job “” for now

Opinion: Twitter is spending $2 billion to save Jack Dorsey's part-time job - for now. Twitter takes on $1 billion in debt in order to pay for the first stock-repurchase plan in company history it may look into new leadership anyway. Twitter seems to have drastically reshaped its approach to the capital markets in order to save Dorsey's job: The company has never before repurchased a single share of its stock, according to FactSet research.. , the company is taking on an additional $1 billion in debt, But Twitter also said its board is creating a temporary board committee, to review the company's leadership structure.. "To continue to ensure strong governance, we are pleased to create a temporary board committee that will build on our regular evaluation of Twitter's leadership structure.". But going forward, two new directors who likely have different points of view, and the formation of the new committee, even if temporary, shows that Dorsey's part-time job at Twitter is likely going to get a second look by a revamped board.. It appears that Twitter took on an additional $1 billion in debt - and sold that to Silver Lake for the cash..