News Analysis
The shareholders of Twitter on the afternoon of Sept. 13 signaled their approval of Elon Musk’s $44 billion takeover bid, but this development comes amid an intensifying legal battle as Musk seeks to pull out of a deal that looks less and less attractive because of longtime mismanagement and censorship of viewpoints on the social media platform, observers say.
The announcement about shareholder approval came in the midst of damning testimony by a high-profile Twitter whistleblower at a Senate Judiciary Committee hearing, at which Twitter CEO Parag Agrawal declined to appear, reportedly out of concern for how his testifying might affect the ongoing litigation with Musk….