Great//@robot1234:Twitter boar

2022-07-16

Great//@robot1234:Twitter board urges shareholders to approve sale to Elon Musk in revised proxy filing. In an SEC filing on Friday, Twitter told investors that approving the company’s sale to Elon Musk is the only remaining step in satisfying the merger agreement.Twitter reminded investors that the purchase price of $54.20 marked a 38% premium to where the stock was trading prior to Musk disclosing his initial stake.Twitter’s shares fallen dramatically in recent weeks since Musk began indicating that he wasn’t committed to the agreement. The stock closed on Friday at $37.74, which is 30% below the agreed upon deal price of $54.20.Musk has since tried to back out of the deal, while Twitter is suing him to ensure it closes.

Twitter Hearing for Expedited Deal Termination Trial Set for Tuesday

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Comments

Yh Phoo
2022-07-16
Yh Phoo
Nice
HNT
2022-07-16
HNT
Ok
R168
2022-07-16
R168
g
- Stoinkz:
  ok
Trax
2022-07-16
Trax
Up
Sysy
2022-07-16
Sysy
ok
Jackal
2022-07-16
Jackal
Muo ns

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In an SEC filing on Friday, Twitter told investors that approving the company’s sale to Elon Musk is the only remaining step in satisfying the merger agreement.Twitter reminded investors that the purchase price of $54.20 marked a 38% premium to where the stock was trading prior to Musk disclosing his initial stake.Twitter’s shares fallen dramatically in recent weeks since Musk began indicating that he wasn’t committed to the agreement. 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