Tech giant Twilio pays lavish price in SPAC deal in unusual bid to attract investors

Tech giant Twilio pays lavish price in SPAC deal in unusual bid to attract investors
Twilio -- whose networks power phone calls and text messaging for apps like Airbnb and Facebook's WhatsApp -- announced this week it has entered into a merger agreement to invest between $500 million and $750 million in M3-Brigade Acquisition Corp II.