Twitter shareholders approve acquisition deal with Musk – CNET – ApparelGeek

Twitter shareholders signed an agreement with Elon Musk to acquire the company on September 13.Recognized. Musk agreed in April to buy the company for $44 billion, but is now backing out of that deal. Twitter shareholders have indicated they want to move forward with the deal.

Elon Musk's Twitter account

Provided By: James Martin/CNET

Preliminary results of the vote at the extraordinary general meeting of shareholders showed that approximately 98.6% of the votes were in favor of the proposal to accept the takeover agreement. Musk also planned to buy Twitter for $54.20 per share and take the publicly traded company private.

The general assembly was held in silence, the leaders not answering the questions of the participants. Twitter CEO Parag Agrawal declined to comment.

The shareholder approval is the latest in a series of turmoil surrounding the Twitter acquisition. With Musk forgoing his acquisition of Twitter, Twitter’s future is in a state of uncertainty.

This article is from Red Ventures Overseasarticlewas published by Asahi Interactive for Japan.

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