Twitter To Collect Votes Of It’s Shareholders On Musk Purchase Offer In September

A meeting is planned by twitter in mid-September to collect votes of its shareholders on Musk's offer to buy the social network. 

The voting was scheduled just weeks before the trial between musk and twitter in the Delaware Court of Chancery to close the purchase deal on an agreed price of $54.20 a share.



The case was sued by twitter when musk notifies to terminate the deal without a hook to pay the decided $1 billion fine to twitter. 


The dispute started as musk accused twitter of providing "false and misleading representations" about fake accounts on its platform, which became the main reason for musk deciding to end the $44 Billion deal.


Image Source: Pixabay

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