Twitter’s shareholders have nearly unanimously voted in favor of Elon Musk’s huge Twitter takeover deal. Musk agreed to buy Twitter for $44 billion dollars a few months ago, and around 2 months or so after, he’s been trying to get out of the deal. Musk is the CEO of Tesla and SpaceX, and he is also the world’s richest man. 98.6% of the shareholders voted in favor of the deal, which is an overwhelming majority.
Here is a summary of the Musk and Twitter drama:
Musk first sent a letter to stop the deal in July, saying that Twitter lied about the number of spam and bot accounts on the platform. Twitter then sued Musk back, saying that Musk was just using that as an excuse, and he wanted to exit the deal because he was overpaying due to the market decline. This case is scheduled to be on trial on October 17.
Source: https://www.cnn.com/2022/09/13/tech/twitter-elon-musk-deal-shareholder-vote/index.html
