Twitter’s board of directors on Tuesday unanimously recommended that its shareholders approve the company’s proposed $44 billion sale to Tesla CEO Elon Musk, according to a filing with the Securities and Exchange Commission.

The board unanimously “determined that the merger agreement is advisable and the merger and the other transactions contemplated by the merger agreement are fair to, advisable and in the best interests of Twitter and its stockholders,” according to the filing.

hero news image

Twitter Board Unanimously Endorses Musk Takeover

The endorsement comes after Musk threatened to pull out of the deal over Twitter’s alleged lack of ... READ MORE


national review

Follow Us & Share

19 West 44th Street, Suite 1701, New York, NY, 10036, USA
Your Preferences | Unsubscribe | Privacy
View this e-mail in your browser.