Twitter shareholders vote in favor of Elon Musk's $44 billion takeover deal | CNN Business

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Twitter shareholders have voted in favor of Elon Musk’s $44 billion takeover deal, a value of $54.20 per share. The vote came days after Musk’s third letter to Twitter seeking to terminate their deal.

Elon Musk may be fighting tooth-and-nail to get out of his deal to buy Twitter, but the social media company’s shareholders plan to hold him to it. Twitter\n \n shareholders on Tuesday voted in favor of Musk’s $44 billion takeover deal, a value of $54.20 per share. The company’s stock opened Tuesday at just under $41 per share, nearly 25% below the deal price. The vote came days after Musk’s third letter to Twitter seeking to terminate their deal, with this one pegged to a purported $7.

Twitter agreed not to provide any severance payments to employees in amounts outside “the ordinary course of business consistent with past practice,” according to the contract. Twitter slammed Musk’s latest effort to get out of the deal as “invalid and wrongful.” Musk first sent a letter to terminate the deal in July, alleging that Twitter violated the agreement by misrepresenting the number of spam and fake bot accounts on its platform.

 

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Lol make him pay the 44 billion. Then twitter followers need to go to a new platform. And leave republicans and maga with twitter. Then guess what will happen. Lol it will be like truth social. And will be worthless. Because maga won’t have nobody to talk to !

MUSK - Try telling your twitter base what your gonna do about the psychotic crypto scammer base all over twitter? you think boys are a problem. just wait.

I voted no

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Twitter pushes back after Elon Musk files third termination notice for $44B acquisitionElon Musk's legal team claims Twitter's $7.75 million in severance payments to its former security chief and his counsel violated the acquisition agreement. Believe or not. If Elon Musk gets Tweeter, her business in China will be likely vanished. Or Mr. Musk becomes a dictator. Just watch these days' tweets about China. Wow!
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