Twitter plans to hold a special shareholder meeting for a vote on the acquisition, one of the final steps needed to close the deal, on anThe board said in the filing that it determined "none of the possible alternatives to the merger," including staying independent or pursuing a different acquirer, were likely to be better for
shareholders than the Musk deal.to Musk for US$44 billion in April, after the billionaire Tesla CEO became Twitter's largest shareholder and hinted he might attempt a hostile takeover of the company. Tuesday's filing is the latest indication that the company is moving ahead with the deal as planned, despite doubts created by Musk in recent weeks.
Can’t wait.
Money talks.
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