Twitter’s shareholders are set to vote on Elon Musk’s acquisition on September 13, ahead of the social network’s lawsuit against the world’s richest man, which begins in October.
Twitter has called its shareholders for a special meeting via video conference, according to official documents filed Tuesday with the SEC, the US stock market regulator.
The context of the vote has changed since late April when the group’s board of directors and Elon Musk had signed an agreement to buy Twitter for $54.20 a share, equivalent to $ 44 billion.
Delaware judge has ruled in favor of a trial in the Elon Musk and Twitter case, as the platform attempts to force the tech billionaire to complete the takeover.
Twitter is seeking a legal verdict to force Elon Musk to go ahead with the previously agreed upon deal to buy the company the billionaire pulled out of earlier this month.
According to Musk, Twitter was not able to provide enough data on the number of spam accounts on the social media platform.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.