.twitter shareholders have approved elonmusk’s $44 billion takeover offer, which the Tesla CEO has attempted to exit. BrandyBetz reports
two weeks after a filing
that showed Telsa CEO Musk had sent a second letter calling off his acquisition efforts. Musk initially offered to acquire Twitter in April, backed out the following month citing concerns about the number of fake accounts on the platform, and then sent his first letter in July that claimed Twitter provided false and misleading information.
The takeover offer values Twitter at $54.20 per share. Twitter shares are currently up 1.6% to $42.09.
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