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Twitter board recommends vote in favor of proposed sale to Musk

Hayden Walsh by Hayden Walsh
June 21, 2022
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Twitter board recommends vote in favor of proposed sale to Musk
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Twitter’s Board of Directors unanimously recommended accepting the proposed sale to Tesla CEO Elon Musk for $44 billion, according to a document filed with the Securities and Exchange Commission (SEC). this Tuesday the 21st.

The statement states that, after careful analysis of the facts, the directors suggest that shareholders vote in favor of the transaction and agree to a special meeting if there are not enough votes.

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On Monday, Musk reiterated that there are “unresolved” issues for the closing of the deal, mainly the issue of fake accounts on the social network.

The businessman even temporarily suspended the purchase after questioning the data presented by the company.

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Hayden Walsh

Hayden Walsh

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