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Twitter: Wsj, shareholders oriented to approve Musk offer

2022-09-13T15:50:39.909Z


Subject of a lawsuit after the entrepreneur has retracted it (ANSA) Twitter shareholders seem set to approve by a large margin the platform's $ 44 billion buyout offer, which became the subject of a lawsuit after Elon Musk retracted it and shareholders sued him for complying with the law. 'agreement. The Wall Street Journal writes it, specifying that the first votes show that investors intend to give a green light to the operation, even if they could change their


Twitter shareholders seem set to approve by a large margin the platform's $ 44 billion buyout offer, which became the subject of a lawsuit after Elon Musk retracted it and shareholders sued him for complying with the law. 'agreement.

The Wall Street Journal writes it, specifying that the first votes show that investors intend to give a green light to the operation, even if they could change their propensity in the

assembly called for 13 local time on 13 September

.

Musk, who is the largest shareholder with about 10% of the package, has not yet voted and is unlikely to, as he accused Twitter of failing to provide the data required to close the deal.

The deal stipulates that the tycoon will vote in favor, but his support is not decisive if other investors support him.    

Source: ansa

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