Twitter Investors Deal a Big and Humiliating Blow to Musk – TheStreet May 25, 2022

Posted on May 30, 2022 by Wichita Genealogist

I saw this recently on TheStreet – Twitter Investors Deal a Big and Humiliating Blow to Musk: https://www.thestreet.com/technology/twitter-investors-deal-a-big-and-humiliating-blow-to-musk/. Longer article.

ELLEN CHANG May 25, 2022

Twitter did not provide any details about the proposed takeover offer from billionaire Elon Musk at its annual shareholder meeting.

Shareholders of Twitter ( (TWTR) – Get Twitter, Inc. Report) voted against re-electing Egon Durban, an ally to Elon Musk, as a director to the board at its annual shareholder meeting on May 25.

Durban, the co-head of private equity firm Silver Lake, had partnered with Musk when he sought to take Tesla ( (TSLA) – Get Tesla Inc Report), the electric carmaker, private as its CEO.

Twitter CEO Parag Agrawal declined to discuss the status of the takeover offer by Musk during its annual shareholder meeting.

–snip–

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About Wichita Genealogist

Originally from Gulfport, Mississippi. Live in Wichita, Kansas now. I suffer Bipolar I, ultra-ultra rapid cycling, mixed episodes. Blog on a variety of topics - genealogy, DNA, mental health, among others. Let's collaborateDealspotr.com
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1 Response to Twitter Investors Deal a Big and Humiliating Blow to Musk – TheStreet May 25, 2022

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