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BumRushDaShow

(129,467 posts)
Tue Sep 13, 2022, 01:33 PM Sep 2022

Twitter shareholders vote to approve Elon Musk's bid to buy the company

Source: CNBC

Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to buy the company and take it private.

The vote comes as Musk seeks to scrap the deal, casting doubt onto Twitter’s self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been with its explanation of the calculation. Twitter has stood by its figure of less than 5% of monetizable daily active users being spam or fake and has said it’s provided Musk plenty of information meeting the requirements of the deal.

Twitter sued Musk for allegedly breaching their agreement and the case is currently making its way through the Delaware Court of Chancery, with a trial expected to begin in mid-October.

The judge in the case recently allowed Musk’s camp to revise his counterclaim against Twitter to include allegations made by a former Twitter security chief who recently filed a whistleblower complaint claiming egregious securities failings by the company. The whistleblower, Peiter “Mudge” Zatko, testified before a Senate panel earlier on Tuesday.

Read more: https://www.cnbc.com/2022/09/13/twitter-shareholders-vote-to-approve-elon-musks-bid-to-buy-the-company.html

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Twitter shareholders vote to approve Elon Musk's bid to buy the company (Original Post) BumRushDaShow Sep 2022 OP
This will be used in the ongoing litigation LetMyPeopleVote Sep 2022 #1
... emulatorloo Sep 2022 #2
Was gonna pull out the BumRushDaShow Sep 2022 #5
... emulatorloo Sep 2022 #8
LOL BumRushDaShow Sep 2022 #9
Pony up the cash.... Aviation Pro Sep 2022 #3
he's going to get stuck with twitter for 44 billion hahahahahahahahahah ZonkerHarris Sep 2022 #4
Well. there goes the neighborhood. brush Sep 2022 #6
Twitter is a hellhole. But it was a very useful hellhole for quick anti-GOP-values organizing NullTuples Sep 2022 #7

BumRushDaShow

(129,467 posts)
5. Was gonna pull out the
Tue Sep 13, 2022, 02:12 PM
Sep 2022
in the comments section when I posted that but got pulled away to do something else.

NullTuples

(6,017 posts)
7. Twitter is a hellhole. But it was a very useful hellhole for quick anti-GOP-values organizing
Tue Sep 13, 2022, 02:55 PM
Sep 2022

...and support
...and community
...and communication

But sometimes I wonder if that's why Impulsive Rocket Boy wanted it in the first place.

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