Twitter Shareholders Approve $44 Billion Buyout of Elon Musk Within Days of Trial – FayerWayer

The pulse pressure between Twitter Inc. Y Elon Musk seems to fall on the tycoon’s side. The company’s shareholders overwhelmingly approved the purchase of the company for $44 billiona few days before the trial that will take place on October 17 and will determine what will happen with the agreement.

A majority of shareholders voted to accept Musk’s offer of $54.20 per share to acquire the social media company, according to a preliminary vote tally read Tuesday, Sept. 13, and cited in a Bloomberg report.

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