Twitter Shareholders Approve Musk Buyout Offer: Report

Sept 14,2022
KingData News: Twitter (TWTR) shareholders have voted in favor of Elon Musk’s $44 billion takeover bid for the social networking giant, according to Bloomberg. Shareholder approval was required for the completion of the deal. The takeover offer values Twitter at $54.20 per share. Musk initially offered to acquire Twitter in April, backed out the following month citing concerns about the number of fake accounts on the platform, and then sent his first letter in July that claimed Twitter provided false and misleading information.
This index provides an up-to-date account of Twitter acquisition proposed by Elon Musk.