For Twitter’s newest board member, an edit button is no joke ...Middle East

Quartz - Economy

Twitter is appointing Elon Musk to its board after he bought more than 9% of the company, CEO Parag Agrawal said today (April 5).https://twitter.com/paraga/status/1511320953598357505?s=20&t=niDAsUgvdJhFoVCMSF1LfAWith the appointment, Twitter may be trying to ensure that its largest individual shareholder doesn’t secure an even bigger stake in the company. The agreement filed with the Securities and Exchange Commission (SEC) stipulates that so long as Musk is serving on the board or for 90 days thereafter, he will not, “either alone or as a member of a group, become the beneficial owner of more than 14.9 percent of Company’s common stock outstanding.”Read the rest of this story on qz.com. Bec

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Last updated : 05 April 2022 clock 05:56 PM

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For Twitter’s newest board member, an edit button is no joke ...Middle East

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