Twitter Shareholders Vote to Approve Elon Musk's Bid to Buy the Company

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The vote comes as Musk is seeking to back out of the deal, leading to Twitter suing him for allegedly breaking the agreement.

shareholders voted Tuesday to approve Elon Musk's $44 billion bid to buy the company and take it private.

The vote comes as Musk seeks to scrap the deal, casting doubt onto Twitter's self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been with its explanation of the calculation. Twitter has stood by its figure of less than 5% of monetizable daily active users being spam or fake and has said it's provided Musk plenty of information meeting the requirements of the deal.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wow. Crazy night.

South Africa South Africa Latest News, South Africa South Africa Headlines