Most Twitter shareholders vote in favour of sale to Elon Musk: sourcesThe deadline for the shareholder vote on the deal is Tuesday but enough investors had voted by Monday evening for the outcome to be certain...
13 Sep, 2022, 08.23 AM IST
Elon Musk sued by Twitter investor over busted $44 billion dealThe lawsuit was filed in Delaware Chancery Court—the same forum that’s set to hold a fast-tracked trial in October of Twitter’s claims agai...
01 Aug, 2022, 11.02 PM IST
Elon Musk files countersuit under seal vs Twitter over $44 billion dealElon Musk's lawsuit was filed hours after Chancellor Kathaleen McCormick of the Delaware Court of Chancery ordered a five-day trial beginni...
30 Jul, 2022, 10.13 AM IST
Twitter to hold shareholder vote on Musk's offer in SeptemberIf the buyout deal is completed, Twitter shareholders will be entitled to receive $54.20 in cash for each common share they own, the compan...
27 Jul, 2022, 07.42 AM IST
Elon Musk pledges more equity to fund Twitter deal, scraps margin loanThe disclosure made in a regulatory filing on Wednesday signaled Musk is working to complete the deal even though he had last week linked i...
26 May, 2022, 08.32 AM IST
Twitter’s board of directors and its top shareholdersOnce the transaction is complete, the social media giant will become a privately held company and its shareholders will receive $54.2 in ca...
26 Apr, 2022, 10.44 PM IST
Twitter takeover was brash and fast, with Elon Musk calling the shotsFrom the moment he disclosed his roughly 9% stake in Twitter on April 4, Musk was seen as a potential adversary to Twitter’s board, employe...
26 Apr, 2022, 12.48 PM IST
Twitter set to accept Musk's 'best and final' offer at $54.20 per shareTwitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction to Twitter shareholders, the ...
25 Apr, 2022, 06.34 PM IST
Twitter, under shareholder pressure, begins deal talks with Elon MuskThe company's decision to engage with Musk, taken earlier on Sunday, does not mean that it will accept his $54.20 per share bid, the source...
25 Apr, 2022, 11.39 AM IST
Twitter, under shareholder pressure, begins deal talks with Elon MuskMany Twitter shareholders reached out to the company after Musk outlined a detailed financing plan for his bid on Thursday and urged it not...
25 Apr, 2022, 07.07 AM IST
Elon Musk tweets cryptic phrase days after Twitter takeover offerThe billionaire, who is Twitter's second-biggest shareholder, is planning to launch a tender offer in about 10 days and has tapped Morgan S...
20 Apr, 2022, 01.17 PM IST
Elon Musk tweets 'Love Me Tender' days after Twitter takeover offerAfter Musk's TED talk on Thursday, he hinted at the possibility of a hostile bid in which he would bypass Twitter's board and put the offer...
18 Apr, 2022, 12.57 PM IST
Elon Musk’s retail investor army could offer Twitter takeover hopeIf Musk chooses, he may be able to turn Twitter into a so-called meme stock. Last year firms like AMC Entertainment Holdings Inc. and GameS...
15 Apr, 2022, 10.25 AM IST
Elon Musk is sued by shareholders over delay in disclosing Twitter stakeIn a proposed class action filed in Manhattan federal court, the shareholders said Elon Musk made "materially false and misleading statemen...
13 Apr, 2022, 08.59 AM IST
Twitter stock surges 27% after Elon Musk becomes top shareholderTwitter shares rose 27.1% on Monday to close at $49.97. The stock, which had fallen 38% in the past 12 months through Friday's close, on Mo...
05 Apr, 2022, 06.28 AM IST
Musk takes 9% stake in Twitter to become top shareholder; shares rally 26%This comes days after Musk said he is giving “serious thought” to building a new social media platform. Earlier, Musk had put out a tweet a...
04 Apr, 2022, 11.33 PM IST
Twitter falls on paltry gains in new users in third quarterThe company reported 187 million daily users at the end of the quarter, an increase of 29 per cent from last year, but a paltry gain over t...
30 Oct, 2020, 09.45 PM IST