Category: Twitter shareholders

‘Elon Is the Singular Solution I Trust’: Jack Dorsey Throws Support Behind Musk After Twitter Takeover Approved

Jack Dorsey, the co-founder and former CEO of Twitter, threw his support behind Elon Musk’s deal to take the social media platform private, with a Twitter thread that begins with a link to Radiohead’s “Everything In Its Right Place.” The Twitter board had unanimously approved the Tesla and SpaceX CEO’s unsolicited offer amidst polarizing reactions…


Twitter Shareholders Face Tough Choice After Elon Musk’s Takeover Bid

Tesla and SpaceX CEO Elon Musk made a bid on Thursday to take Twitter private for $54.20 per share, or around $43 billion in cash, after rejecting a proposal of a board seat. Musk’s offer, which is 18 percent higher than the last closing price, is under consideration, the board said. Adam Candeub, law professor…