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TWITTER shareholders approve Musk bid to get…

Twitter shareholders vote in favor of Elon Musk's takeover

Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to get the business and go on it private.

The vote comes as Musk seeks to scrap the offer, casting doubt on Twitter’s self-reported percentage of fake accounts and alleging the business had not been as forthcoming since it must have been using its explanation of the calculation. Twitter has stood by its figure of significantly less than 5% of monetizable daily active users being spam or fake and contains said it’s provided Musk a lot of information meeting certain requirements of the offer.

This illustration photo taken on August 5, 2022 shows a cellphone displaying an image of Elon Musk positioned on some type of computer monitor filled up with Twitter logos in Washington, DC.

Samuel Corum | AFP | Getty Images

A timeline of the Elon Musk-Twitter takeover saga

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