Twitter shareholders endorse Elon Musk’s $44 billion buyout deal

Twitter has sued Elon Musk to complete the deal, and a trial is set for October

September 14, 2022 12:04 am | Updated 08:43 am IST - San Francisco:

Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration. File

Elon Musk’s Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration. File | Photo Credit: Reuters

Twitter on Tuesday said a preliminary count shows shareholders endorsed Elon Musk’s bid to buy the social media platform for $44 billion, even as he tries to break the contract.

The tally came during a shareholder meeting that lasted just minutes, with most of the votes having been cast online.

Twitter has sued Mr. Musk to complete the deal, and a trial is set for October.

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