Twitter’s board of directors recommended shareholders vote in favor of Elon Musk’s takeover
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Technology
June 22
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In on Tuesday, the said that its shareholders should of the proposed $44 billion sale.
Before, in April, Musk made an offer of $54.20 per share to buy out the public company. But since then, shares of the company have dropped along with the rest of the market. On Friday, the stock closed at about $38, which was 34% less than Musk's offering price. The deal has not gone well at all. Early in June, Musk said that Twitter was not giving him the information he wanted about , so he threatened to end the whole deal.
In response, Twitter said it was still and was giving Musk the information he asked for. But as recently as Tuesday morning, Musk said he still wanted to know the real number of Twitter users.
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How many people are there on Twitter's board of directors?
What was Musk's offer?
What information did he want from Twitter?
