Shareholders of the social network Twitter approved its sale to Elon Musk in seven minutes


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Shareholders of social network Twitter blocked in Russia approved a deal to sell it to the CEO of SpaceX, one of the richest people in the world, Elon Musk, for $44 billion. This decision was made in just seven minutes. Until recently, Musk owned only 10% of the shares of the social network.

Elon Musk announced his intention to acquire Twitter back in April 2022. In June, Musk’s lawyers demanded that Twitter cancel the deal because the company did not provide full information about the number of bots and spam accounts on the platform. As a result, the entrepreneur and the social network filed counterclaims against each other. Soon, the unpredictable Musk announced that he could resume negotiations to buy the company if its management showed how the authenticity of the accounts was confirmed.


Source: Росбалт by www.rosbalt.ru.

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