Twitter Shareholders Will Vote On Elon Musk’s Purchase Offer In September—Weeks Before Trial With Musk
Headline from Forbes
Twitter will ask its shareholders to vote in favor of Musk’s offer to buy the social network during a September 13 meeting, just one month before Twitter and Musk go to court over the billionaire's attempts to terminate the deal.
Forbes's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
By Clare Duffy, CNN Business Twitter has set a date for its shareholders to vote to approve its $44 billion acquisition deal by Elon Musk, despite the company’s ongoing legal battle with the billionaire Tesla CEO over the deal.
Twitter will ask its shareholders to vote in favor of Musk’s offer to buy the social network during a September 13 meeting, just one month before Twitter and Musk go to court over the billionaire's attempts to terminate the deal.
Twitter has scheduled a shareholder vote after Musk announced he wanted to pull out of the deal. CNBC reported that the shareholder meeting would take place via webcast at 10:00 AM PT.