1 week ago

Twitter board asks shareholders to approve Elon Musk’s $44 billion bid

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.
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