Shareholders approve deal to sell Twitter to Elon Musk

Shareholders approve deal to sell Twitter to Elon Musk

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The shareholders of the company that owns the Twitter microblock service have approved a deal to sell the company to businessman Elon Musk. It is reported by RIA Novosti with reference to the broadcast of the meeting of shareholders. The deal is valued at $44 billion. Earlier today, The Wall Street Journal reported on the shareholders’ intention to support the decision to sell the company to a businessman.

Elon Musk announced his intention to acquire Twitter in April. In June, Musk’s lawyers demanded that Twitter terminate the deal because the company did not provide full information about the number of bots and spam accounts on the platform. After Mr. Musk and Twitter filed lawsuits against each other. Court hearings will be held in October.

Lusine Balasyan

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