Make this your homepage
Business News
Home > Business News
Twitter shareholders approve Musk's $44 bn takeover bid
TIWN
Twitter shareholders approve Musk's $44 bn takeover bid
PHOTO : TIWN

San Francisco, Sep 14 (TIWN) Twitter shareholders on Tuesday voted to approve Tesla CEO Elon Musk's $44 billion takeover bid.

The vote came as Musk's lead team is in a court battle to get out of the deal.

Twitter confirmed that a preliminary count shows it has enough votes to approve the deal, reports The Verge.

Twitter has sued Musk for allegedly breaching the deal agreement.

The vote lets Twitter continue with a lawsuit intended to make Musk close the acquisition.

Add your Comment
Comments (0)

Special Articles

Sanjay Majumder Sanjay Majumder
Anirban Mitra Anirban Mitra