$54.20 > $41.74: Twitter Shareholders Approve Elon Musk’s Acquisition

The special meeting took just 6 minutes

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It took all of six minutes for Twitter shareholders to approve Elon Musk’s agreement to acquire the company for $44 billion at a special meeting Tuesday.

Shares in Twitter closed trading at $41.74 Tuesday, while Musk’s deal—which he is doing everything possible to get out of—values the stock at $54.20 per share.

The company said the measure passed based on a preliminary count, and it will reveal the final vote tally at a later date.

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