Twitter holds agency on finishing Musk buyout: board chairman

Twitter is standing by its push to finalize Elon Musk’s proposed buyout.

Twitter stays dedicated to closing Elon Musk’s $44 billion buyout bid, the agency’s board chairman mentioned Wednesday, as doubts swirl concerning the billionaire’s intentions for the troubled deal.

Bret Taylor, who can also be co-CEO of the software program firm Salesforce, reiterated the Twitter place that the settlement ought to be finalized.

“The board is dedicated to the transaction,” Taylor mentioned at a Paris tech convention, refusing to elaborate additional.

Musk and Twitter have been in a standoff in latest weeks over the true variety of customers on the social media community, which has led to hypothesis the mercurial Tesla boss is making an attempt to renegotiate or again away from the deal.

He has threatened to withdraw his bid, accusing Twitter of failing to supply knowledge on pretend accounts, however the firm has since reportedly agreed to offer him entry.

Musk is ready to deal with Twitter workers for the primary time on Thursday, as questions mount over the deal and the affect of his potential management of the platform.

Musk to face Twitter workers at assembly

© 2022 AFP

Twitter holds agency on finishing Musk buyout: board chairman (2022, June 15)
retrieved 15 June 2022

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