A majority of Twitter shareholders on Tuesday voted in favor of accepting Musk’s April offer of $54.20 per share amid whistleblower testimony alleging the platform isn’t secure and is a privacy risk.
The shareholder meeting lasted about 7 minutes, and the vote lasted only 3 minutes. A vote count read during a live stream of the event confirmed that a majority of shareholders want the deal to go through, reported Bloomberg News and other outlets.
After the meeting ended, a Twitter official announced that more details would be provided about the vote in the near future, and a form will be filed with the U.S. Securities and Exchange Commission (SEC)….