1 week ago
Twitter board asks shareholders to approve Elon Musk’s $44 billion bid
- Twitter’s board unanimously recommends that shareholders vote for Elon Musk’s $44 billion bid to take over the social media company, a June 21 SEC filing shows.
- According to the filing, Musk’s offer for Twitter would earn each shareholder $54.20, which is ahead of the company’s current shares value of $38.
- Elon Musk’s protracted Twitter purchase.
