Majority Of Shareholders Vote In Favor Of Elon Musk Twitter Deal

A majority of Twitter’s Shareholders agree to Elon Musk deal.

According to the Reuters report, Twitter’s shareholders have voted in favor of the social media company's $44 billion sale to Elon Musk.

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Though the official announcement is yet to be made, the report cited inside sources who revealed the majority of shareholders have already voted in favor of the Elon Musk Twitter deal.

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Elon Musk has already filed to back off from the $44 billion deal he had offered.

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The world’s richest billionaire said that the social media platform failed to provide authentic bot counts information.

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Twitter shares are now being traded $41 per share. Musk had offered to buy the microblogging platform for $54.20 per share in April.

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Twitter and Elon Musk are all set to engage in a legal battle over Twitter’s ownership.

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The social media giant has claimed Musk’s reasons to back out from the deal are “invalid and wrongful.”

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