Byusnewsr1-

Jun 21, 2022

Twitter board gives approval to Musk’s $44 billion bid

Twitter board gives approval to Musk’s $44 billion bid

NEW YORK — Twitter’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,…

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