Twitter’s board has issued a unanimous recommendation that shareholders approve Elon Musk’s $44 billion bid to buy the social media platform, regulatory filings show.
In a preliminary proxy statement filed with the Securities and Exchange Commission (SEC) on June 21 addressed to Twitter stockholders (pdf), the company’s board says it “unanimously recommends” that shareholders vote in favor of approving a merger agreement that would see a company controlled by Musk take ownership of Twitter.
