Twitter shareholders endorse Elon Musk’s USD 44 billion buyout deal

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.