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Twitter to hold a vote on Musk merger on Sept. 13

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Twitter said that it would hold a shareholder meeting to vote on the company’s $44 billion acquisition by Elon Musk on September 13.

Axar.az reports the shareholder meeting will commence at 10:00 AM PT and will be available via a webcast. Shareholders will be able to watch the meeting live and then vote, the company said in a filing with the Securities and Exchange Commission.

Twitter’s board of directors has previously urged its shareholders to approve the company’s sale to Musk.

Musk notified Twitter on July 8 that he planned to cancel the acquisition, citing allegations that the company failed to properly account for the number of spam and fraud accounts on its service, among other disputes.

Date
2022.07.27 / 18:37
Author
Axar.az
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