Mergers & Acquisitions

Twitter Board Unanimously Recommends That Shareholders OK Elon Musk Takeover

However, Musk raised concerns about bots and fake accounts (again), financing and receiving that shareholder approval

Elon Musk received $7.1 billion in equity financing commitmentsAdweek/Christian Marquardt/Getty Images
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By David Cohen

June 21, 2022

Many mergers and acquisitions proceed smoothly toward their conclusion. Elon Musk’s proposed $44 billion takeover of Twitter is not one of those.

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David Cohen

David Cohen is editor of Adweek's Social Pro Daily.

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