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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.
Twitter set the meeting via a Schedule 14A form filed with the Securities and Exchange Commission in July, saying at the time, “We are committed to closing the merger on the price and terms agreed upon with Mr.
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