Twitter sets September shareholder vote on Elon Musk buyout

Published July 26, 2022 1:20 PM

By RANDALL CHASE and BARBARA ORTUTAY
AP Business Writer

DOVER, Del. (AP) — Twitter has set September 13 as the date for its shareholders to vote on the company’s pending buyout by Tesla CEO Elon Musk. The company said in a regulatory filing on Tuesday that it is recommending that shareholders vote for the $44 billion deal to be completed. The date is ahead of the yet-to-be specified start date of the October trial in the dispute between the billionaire, who is seeking to abandon the deal, and the San Francisco company. Twitter sued Musk in Delaware after he said wanted to walk away from the deal.

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