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MACAU DAILY TIMES ?????? » Elon Musk’s USD44 billion Twitter deal gets board endorsement

June 22, 2022
Source: macaudailytimes.com.mo macaudailytimes.com.mo
News Snapshot:
T witter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees, though shares of Twitter remain far below his offering price, signaling considerable doubt that it will happen. On Tuesday at the Qatar Economic Forum in an interview with Bloomberg, Musk listed the approval of the deal by shareholders as one of several “unresolved matters” related to the Twitter deal. Shares of...
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