Comment Below
minute read
ADVERTISEMENT
On Tuesday, Twitter’s shareholders voted to approve Elon Musk’s $44 billion buyout deal that was set in motion earlier this year.
According to The Verge, sources yesterday had suggested that a vast majority of shareholders were set to approve of the bid, with the required majority being locked in before Tuesday’s meeting.
The vote comes as Musk is locked in a legal battle with the social media platform over an attempt to terminate the deal, after Musk sought data that confirmed that the number of Twitter accounts that are automated bot accounts is less than 5 percent.
Twitter sued Musk for his attempts to terminate the deal, arguing that Musk created their agreement. The trial is expected to begin in mid-October.
This is a breaking story and will be updated.
According to The Verge, sources yesterday had suggested that a vast majority of shareholders were set to approve of the bid, with the required majority being locked in before Tuesday’s meeting.
The vote comes as Musk is locked in a legal battle with the social media platform over an attempt to terminate the deal, after Musk sought data that confirmed that the number of Twitter accounts that are automated bot accounts is less than 5 percent.
Twitter sued Musk for his attempts to terminate the deal, arguing that Musk created their agreement. The trial is expected to begin in mid-October.
This is a breaking story and will be updated.
ADVERTISEMENT
ADVERTISEMENT
Join and support independent free thinkers!
We’re independent and can’t be cancelled. The establishment media is increasingly dedicated to divisive cancel culture, corporate wokeism, and political correctness, all while covering up corruption from the corridors of power. The need for fact-based journalism and thoughtful analysis has never been greater. When you support The Post Millennial, you support freedom of the press at a time when it's under direct attack. Join the ranks of independent, free thinkers by supporting us today for as little as $1.
Remind me next month
To find out what personal data we collect and how we use it, please visit our Privacy Policy
