Twitter Shareholders Meet Amid Elon Musk’s Takeover Drama

Twitter Shareholders Meet Amid Elon Musk’s Takeover Drama
Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington on March 9, 2020. Susan Walsh/AP Photo
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Twitter’s regularly scheduled shareholder meeting Wednesday didn’t include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform. But the prospects of the buyout and the drama that’s surrounded it seemed to be on participants’ minds anyway.

CEO Parag Agrawal said at the outset that executives won’t be answering any questions surrounding the proposal. Even a question from a stockholder asking what will happen to his shares if someone buys Twitter and takes it private was shot down. (If this happens, the stockholder would be paid the agreed-upon purchase price for each share and the stock would be delisted).