Twitter shareholders approve Elon Musk’s $44 billion takeover deal
  • 2 years ago
Twitter shareholders on September 13 approved Tesla chief Elon Musk’s $44 billion bid to buy the social media platform. The approval to accept Musk’s offer of $54.20 per share was substantially higher than Twitter's current trading price, below $42 was widely expected. Twitter has forged ahead with the deal, despite Musk's attempts to back out because of what he says are problems with the company's business, reported Washington Post. Shareholders gave their assent to the deal on Tuesday, the company said. The vote took place during a short virtual meeting after brief remarks by Twitter CEO Parag Agrawal.
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