Reuters: Most Twitter shareholders have to sell the company to Musk much higher than the market value

Author:China Well -off Time:2022.09.14

China Well -off. September 10th. A source of the old horse said on Monday that most shareholders of Twitter Twitter Inc (TWTR.N) voted in favor of selling the social media company to Elon Musk, Elon Musk for $ 44 billion.

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Reuters reports that sources say that the trading shareholders' voting deadline is on Tuesday, but enough investors voted enough before Monday night to determine the results.

Sources requested anonymous before officially announced.The representatives of Twitter and Musk did not immediately respond to the comments request.

After the downturn of the stock market caused a $ 54.20 Twitter transaction signed in April, after the current environment is expensive, it is generally expected that shareholders will vote for votes.Twitter's stock price is now hovering around $ 41 per share.

Musk has informed Twitter that he will not continue to acquire, arguing that he is misled by the spam account on the platform and has not been told that the company's salary settlement with a executive.The two sides are scheduled to start in court next month.

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