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Twitter shareholders endorse Elon Musk's $44b buyout deal

Updated: 2022-09-14 09:10
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The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York. [Photo/Agencies]

SAN FRANCISCO - Twitter on Tuesday said a preliminary count shows shareholders endorsed Elon Musk's bid to buy the social media platform for $44 billion, even as he tries to break the contract.

The tally came during a shareholder meeting that lasted just minutes, with most of the votes having been cast online.

Twitter has sued Musk to complete the deal, and a trial is set for October.

AFP

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