Twitter board gives approval to Musk’s $44 billion bid
https://www.eastbaytimes.com/2022/06/21/twitter-board-gives-approval-to-musks-44b-bid/
NEW YORK — Twitter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday.
Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees, though shares of Twitter remain far below his offering price, signaling considerable doubt that it will happen.