Twitter shareholders voted Tuesday to approve Elon Musk’s $44 billion bid to buy the company and take it private.
The vote comes as Musk seeks to rescind the deal, casting doubt on Twitter’s self-reported percentage of fake accounts and claiming the company was not as forthcoming as it should have been with its accounting explanation. Twitter has stood by its figure of less than 5% of daily active monetized users being spam or fake, and has said it has provided Musk with plenty of information that meets the requirements of the deal.
This illustration photo taken on Aug. 5, 2022 shows a cell phone displaying a photo of Elon Musk placed on a computer monitor filled with Twitter logos in Washington, DC.
Samuel Corum | AFP | Getty Images
