Twitter shareholders approve Elon Musk’s US$44B takeover offer

By Staff Reuters

Posted September 13, 2022 12:44 pm EST

1 min read

This article is more than 2 years old and some information may not be up to date.

Twitter is suing Tesla CEO Elon Musk in an effort to force the completion of his $44 billion acquisition deal he initially agreed to in April. Musk said Friday he was backing away from the deal, setting the stage for a possible legal fight. He responded to the lawsuit on Twitter saying, "Oh the irony lol." – Jul 13, 2022

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Twitter Inc’s shareholders approved a US$44-billion buyout by Elon Musk’ on Tuesday, handing over the deal’s outcome to a court battle in which the billionaire is trying to scrap the purchase.

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