Twitter shareholders vote overwhelmingly in favor of Elon Musk's $44 billion takeover deal

Posted on AllSides September 13th, 2022
From The Left

Elon Musk may be fighting tooth-and-nail to get out of his deal to buy Twitter, but the social media company's shareholders plan to hold him to it.

The vast majority of Twitter (TWTR) shareholders on Tuesday voted in favor of Musk's $44 billion takeover deal, a value of $54.20 per share. The company's stock opened Tuesday at just under $41 per share, nearly 25% below the deal price.

A preliminary count indicated that 98.6% of the votes cast on Tuesday were in favor of the deal, Twitter said in a statement.

"Twitter stands ready and willing...

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