Twitter's board advises shareholders to approve Musk's US$44 billion bid

22/6/2022 4:42:00 AM

M&A: Twitter's board advises shareholders to approve Musk's US$44 billion bid - Bernama

M&A: Twitter's board advises shareholders to approve Musk's US$44 billion bid - Bernama

ISTANBUL (June 22): Twitter’s board of directors unanimously advised shareholders Tuesday to approve Tesla CEO Elon Musk’s bid to purchase the social media giant for US$44 billion.'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,” the board said in a filing to the Securities and Exchange Commission (SEC), reported Anadolu Agency.Musk, who previously bought a 9.2% stake

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