Twitter to Hold Shareholder Vote by August on Elon Musk Takeover

Twitter reportedly plans to hold a shareholder vote on Elon Musk’s potential buyout of the company in late July or early August.

CNBC reports that Twitter plans to hold a shareholder vote on Elon Musk’s $44 billion acquisition of the company in early August. Top company executives said that they are continuing to work “constructively” to complete the deal. On Monday, Musk’s lawyers warned that the billionaire might walk away from the acquisition if Twitter fails to provide adequate data on spam and fake accounts.