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Insider: Twitter shareholders vote to sell to Musk

by Alexandra Hartman Editor-in-Chief

A majority of the shareholders of the short message service Twitter have voted in favor of the $ 44 billion takeover bid by Tesla boss Elon Musk. Although the deadline for the vote is today, enough investors had already spoken out in favor of the sale to Musk last night, people familiar with the matter said at the start of the week. The outcome of the vote is thus certain. No comment was available from Twitter and Musk.

However, Musk wants to call off the purchase and refers, among other things, to alleged false statements by Twitter regarding the number of bogus accounts on the platform.

A court case in the US state of Delaware will begin in mid-October to decide whether Musk must go through with the acquisition. Also today, the US Senate Judiciary Committee is considering allegations by whistleblower and former Twitter security chief Peiter “Mudge” Zatko that authorities were misled by Twitter.

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