Twitter shareholders say yes to Musk acquisition - Hypertext

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Twitter shareholders say yes to Musk acquisition

Despite the deal hanging in the air pending a trail in October, Twitter’s shareholders have voted yes to the proposed acquisition of the business by Elon Musk.reports, a majority of shareholders voted yes to the deal in which Musk offered $54.20 per share to acquire Twitter. A majority here means that 98.6 percent of votes cast were in favour of the deal.

This turnabout was seemingly brought about by a plague of bots and spam accounts on Twitter. The billionaire is convinced that Twitter’s claim that bots and spam accounts make up less than five percent of its user base is false. He is so convinced in fact, that he believes the revelation entitles him to back out of the deal.

 

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Twitter shareholders say yes to Musk acquisition - Hypertext98.6 percent of votes cast were in favour of the proposed acquisition of Twitter by Elon Musk.
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