Twitter shareholders approve Musk's $44bn bid
The Independent|September 14, 2022
Twitter shareholders yesterday voted to formally approve Elon Musk's $44bn bid to buy the company.
JOSH MARCUS
Twitter shareholders approve Musk's $44bn bid

If the deal goes through, the popular social network would go private.

Twitter shares rose around 2 per cent in yesterday afternoon trading on the news, The Wall Street Journal reports. Despite the approval, the buyout has been a rocky one so far.

In July, Mr Musk said he wants to pull out of the deal, claiming Twitter made “false and misleading representations” about the number of fake accounts on the platform and other security issues.

In response, Twitter sued Mr Musk later that month, arguing the billionaire’s attempt to back out was “invalid and wrongful” under the terms of an April contract. The case is expected to go to trial in October in Delaware.

هذه القصة مأخوذة من طبعة September 14, 2022 من The Independent.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 14, 2022 من The Independent.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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