Twitter shareholders meet amid Elon Musk's takeover drama
2 years, 7 months ago

Twitter shareholders meet amid Elon Musk's takeover drama

The Hindu  

Twitter’s regularly scheduled shareholder meeting Wednesday didn’t include a vote on Tesla billionaire Elon Musk’s $44 billion bid for the social platform. Mr. Musk’s “free speech” edict — which he has indicated would govern the company if he takes over, without offering details — has only inflamed the conflict. Mr. Musk had promised that taking over Twitter would enable him to rid the social media platform of its annoying “spam bots.” But he’s been arguing, without presenting evidence, that there might be just too many of those automated accounts for the deal to move ahead. Alternatively, Twitter could sue Mr. Musk to force him to proceed with the deal, although experts think that’s highly unlikely.

History of this topic

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