Twitter Shareholders Vote in Favor of $44 Billion Elon Musk Purchase

Twitter Shareholders Vote in Favor of $44 Billion Elon Musk Purchase
Tesla CEO Elon Musk as seen in a 2019 file photo. Aly Song/Reuters
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:
0:00

A majority of Twitter shareholders on Tuesday voted in favor of accepting Musk’s April offer of $54.20 per share amid whistleblower testimony alleging the platform isn’t secure and is a privacy risk.

The shareholder meeting lasted about 7 minutes, and the vote lasted only 3 minutes. A vote count read during a live stream of the event confirmed that a majority of shareholders want the deal to go through, reported Bloomberg News and other outlets.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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