
Much has been made of the massive $44 billion buyout deal. Twitter on Elon Musk. Now shareholders from the popular social newsletter they voted and approved the takeover by the tycoon.
In particular, 98.6% shareholders voted in favor of the acquisition, the decision will be made via videoconference at the company’s headquarters in San Francisco.
It means that Twitter will take legal action to convince Musk to make the purchase.
As a reminder, back in April, Twitter agreed to sell the company to the boss of Tesla and SpaceX, but the acquisition was frozen when Musk said he was misled about the amount of spam and bot accounts on the platform. Twitter then explained that it could not cancel the deal, denying such a large number of fake accounts.
The voting of the shareholders of the company took place after third letter sent by the richest man in the world to complete a deal.
Twitter is currently rated at $33 billion below, that is, the money that Musk is asked to give to buy it.
The case between Twitter and Elon Musk is expected to go to court. 17 October.
According to the BBC and CNN.
Source: Kathimerini

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