Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform

Twitter’s Shareholders Overwhelmingly Vote for Elon Musk to Take Over the Social Media Platform


Twitter’s shareholders have overwhelmingly voted for Tesla CEO Elon Musk to take over the social media platform. “Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement,” the social media giant said.

Shareholders Want Elon Musk to Take Over Twitter

Twitter Inc. (NYSE: TWTR) announced Tuesday that its stockholders have approved the previously announced $44 billion agreement for Tesla CEO Elon Musk to acquire the social media platform.

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“Based on a preliminary tabulation of the stockholder vote,” the announcement reads:

Approximately 98.6% of the votes cast at the special meeting approved the proposal to adopt the merger agreement.

“The shareholder approval satisfies the final condition precedent to the closing of the merger under the merger agreement (other

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