Twitter shareholders vote to approve Elon Musk's bid to buy the company

2 years ago 175

Twitter shareholders ballot  successful  favour  of Elon Musk's takeover

Twitter shareholders voted Tuesday to o.k. Elon Musk's $44 cardinal bid to bargain the institution and instrumentality it private.

The ballot comes arsenic Musk seeks to scrap the deal, casting uncertainty connected Twitter's self-reported percent of fake accounts and alleging the institution was not arsenic forthcoming arsenic it should person been with its mentation of the calculation. Twitter has stood by its fig of little than 5% of monetizable regular progressive users being spam oregon fake and has said it's provided Musk plentifulness of accusation gathering the requirements of the deal.

This illustration photograph taken connected August 5, 2022 shows a cellphone displaying a photograph of Elon Musk placed connected a machine show filled with Twitter logos successful Washington, DC.

Samuel Corum | AFP | Getty Images

A timeline of the Elon Musk-Twitter takeover saga

Read Entire Article