Saturday, December 3, 2022
Home POLITICS Twitter shareholders vote to approve Musk's offer to buy the company

Twitter shareholders vote to approve Musk’s offer to buy the company

Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion offer to buy the company and take it private.

The vote comes as Musk seeks to scrap the deal, casting doubt on the percentage of fake accounts reported by Twitter and claiming the company wasn’t as forthcoming as it should have been with its explanation of the calculation. Twitter has maintained its figure of less than 5% monetizable daily active users who are spam or fake and has said it has provided Musk with a lot of information that meets the requirements of the settlement.

This illustration photo taken on August 5, 2022 shows a cell phone displaying a photo of Elon Musk placed on a computer monitor filled with Twitter logos in Washington, DC.

Samuel Corum | AFP | fake images

A timeline of the Elon Musk-Twitter takeover saga

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