Twitter board recommends Elon Musk takeover bid ...Middle East

The Hill - Technology
Twitter board recommends Elon Musk takeover bid
source : The Hill ( Middle East ) () 12
Twitter’s board of directors on Tuesday unanimously recommended shareholders approve Elon Musks’ bid to buy the social media company. The board recommended stockholders approve Musk’s $44 billion offer, stating they determined it to be fair and in the best interests of Twitter and its stockholders, according to a document filed with the Securities and Exchange Commission (SEC).  Once the merger is complete, stockholders will be entitled to $54.20 per share, the board said.  Speaking at the Qatar Economic Forum on Tuesday, Musk said there were still some “unresolved matters” about the deal, amplifying concerns he’s raised about the number of bots on the platform. He’s cast doubt o

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