Post a Comment Print Share on Facebook

Majority of Twitter shareholders vote to sell to Musk

As expected, the majority of shareholders of the short message service Twitter voted for the $ 44 billion takeover bid by Tesla boss Elon Musk.

- 0 reads.

Majority of Twitter shareholders vote to sell to Musk

As expected, the majority of shareholders of the short message service Twitter voted for the $ 44 billion takeover bid by Tesla boss Elon Musk. The company announced this on Tuesday after an extraordinary shareholders' meeting.

Musk's offer to buy the company in April calls for a price of $54.20 per share. The choice should not have been difficult for the shareholders: Twitter shares were last listed at $41.70 – far below the offer.

But the courts must now decide whether Twitter will actually be sold: Musk wants to call off the purchase and refers, among other things, to alleged false statements by Twitter about the number of bogus accounts on the platform. A court case in the US state of Delaware will begin in mid-October to decide whether Musk must go through with the acquisition.

Also on Tuesday, the US Senate Judiciary Committee considered allegations by whistleblower and former Twitter security chief Peiter "Mudge" Zatko that authorities were misled by Twitter. Congressman Chuck Grassley said that according to the FBI, at least one Chinese agent worked for the company.

Zatko told the committee that some on Twitter were concerned that the Chinese government might be stealing Twitter users' data.

"Everything on shares" is the daily stock exchange shot from the WELT business editorial team. Every morning from 7 a.m. with our financial journalists. For stock market experts and beginners. Subscribe to the podcast on Spotify, Apple Podcast, Amazon Music and Deezer. Or directly via RSS feed.

Avatar
Your Name
Post a Comment
Characters Left:
Your comment has been forwarded to the administrator for approval.×
Warning! Will constitute a criminal offense, illegal, threatening, offensive, insulting and swearing, derogatory, defamatory, vulgar, pornographic, indecent, personality rights, damaging or similar nature in the nature of all kinds of financial content, legal, criminal and administrative responsibility for the content of the sender member / members are belong.