Business News
Home > Business News
Twitter shareholders approve Musk's $44 bn takeover bid
TIWN
TIWN

PHOTO : TIWN
San Francisco, Sep 14 (TIWN) Twitter shareholders on Tuesday voted to approve Tesla CEO Elon Musk's $44 billion takeover bid.
The vote came as Musk's lead team is in a court battle to get out of the deal.
Twitter confirmed that a preliminary count shows it has enough votes to approve the deal, reports The Verge.
Twitter has sued Musk for allegedly breaching the deal agreement.
The vote lets Twitter continue with a lawsuit intended to make Musk close the acquisition.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research