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Twitter Board Unanimously Recommends Elon Musk’s Takeover Bid


According to a repot from Fox News, the Twitter board has unanimously agreed to world’s richest man Elon Musk’s takeover bid; Musk’s deal will take Twitter private at $54.20 a share. “The Twitter Board, after considering various factors described in the section of this proxy statement captioned ‘ The Merger— Recommendation of the Twitter Board and Reasons for the Merger,’ has unanimously: (1) determined that the merger agreement is advisable and the merger and the other transactions contemplated by the merger agreement are fair to, advisable and in the best interests of Twitter and its stockholders; and (2) adopted and…

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