The company on Tuesday sent shareholders a letter saying it would hold a virtual special meeting on September 13 to vote on the merger agreement, according to a regulatory filing. The announcement comes as the legal fight between Twitter and Musk over the deal revs up.
A judge last week ruled that the case should go to a five-day trial in October.The Musk suit aside, the shareholder vote is one of the few remaining official steps needed to compete the deal. Twitter's board has unanimously recommended that shareholders vote in favor of the deal. And if shareholders approve the acquisition, it could give Twitter some additional leverage in its legal fight against Musk.In the acquisition agreement, Musk agreed to pay $54.
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