Twitter board recommends shareholders vote for Elon Musk’s takeover

Cointelegraph

Published Jun 21, 2022 11:03PM ET

Updated Jun 22, 2022 12:40AM ET

The Twitter (NYSE:TWTR) board has unanimously recommended that shareholders vote in favor of Elon Musk’s takeover of the social media giant.

Twitter’s board of directors initially accepted the $44 billion takeover bid at $54.20 per share in late April, and shareholder approval is the final hurdle to the deal going through bar any potentially erratic antics from Musk.

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