Twitter shareholders vote to approve Elon Musk’s bid to acquire the company

Twitter shareholders vote to approve Elon Musk’s bid to acquire the company


Twitter shareholders vote in favor of Elon Musk's takeover

Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to invest in the company and acquire it private.

The vote will come as Musk seeks to scrap the deal, casting doubt onto Twitter’s self-claimed percentage of fake accounts and alleging the organization was not as forthcoming as it should really have been with its rationalization of the calculation. Twitter has stood by its figure of significantly less than 5% of monetizable each day energetic users becoming spam or faux and has explained it can be offered Musk a great deal of details conference the necessities of the offer.

This illustration image taken on August 5, 2022 exhibits a cellphone exhibiting a picture of Elon Musk placed on a pc monitor loaded with Twitter logos in Washington, DC.

Samuel Corum | AFP | Getty Visuals

A timeline of the Elon Musk-Twitter takeover saga



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