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:!marseyelonmusk: Twitter shareholders approve $44 billion Elon Musk buyout - :marseyitsover: for twitter leftoids

https://www.theverge.com/2022/9/13/23349687/twitter-musk-acquisition-shareholder-vote-approval

It's the 3rd post about it, but there's none in SN. Note that just because Twitter shareholders approved the deal doesn't mean Musk owns it yet. We'll see what happens in the trial next month.


Twitter’s shareholders have voted to approve a proposed $44 billion acquisition by Elon Musk.

Reports yesterday suggested that a wide margin of approval was expected for the vote, with the required majority reportedly locked before the Tuesday meeting. On a call, Twitter confirmed that a preliminary count shows it has enough votes to approve the deal.

Musk proposed a buyout of Twitter in April. Twitter has encouraged investors to accept it since then, even as Musk has filed numerous requests to terminate the agreement. Today’s vote lets Twitter continue with a lawsuit intended to make Musk close the acquisition.

The approval means that Musk and Twitter will proceed to an October trial in the Delaware Court of Chancery. Musk is set to argue that Twitter concealed important facts about its internal operations, including an alleged undercount of spam and bot accounts on the platform as well as details revealed by former Twitter security head Peiter “Mudge” Zatko. Twitter will push to close the deal regardless, alleging that Musk’s complaints are merely a pretext for backing out.

Meanwhile, Zatko’s revelations will likely continue to draw separate interest from regulators and lawmakers — including questions from members of Congress this morning.

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Good for Twitter for announcing this on the day Mudge (the Twitter whistleblower) testifies in-front of the Senate so nobody hears about that

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Complete nothing burger. Its just a formality leading up to the lawsuit hearing in october.

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The stock is trading at like $40-something and Musky is on the hook to buy it for $54.20.

Would you vote to give yourself $10 for doing nothing? Of course you would, and so would every other fricker who owns twitter shares (except for one: Mr. Musk).

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...Yes which is why I said the vote is a formality :marseysquint:

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Yes, I'm agreeing with you. I know it's confusing to see on arrdrama-dot-net.

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:#marseysquint:

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sUbVerTinG eXpeCtAtIOnS

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Do you think we can convince him to buy reddit next?

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:#marseyakbar:

Snapshots:

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