Twitter says Musk deal best for shareholders - report

Monday, 06. June 2022 18:28

Twitter Inc. stated on Monday that the agreement for the Tesla Inc. CEO Elon Musk to take over the company is in the best interest of its shareholders, CNBC reported, citing company sources. The communications giant said that it wants to close the deal at the agreed price and terms.

Twitter asserted that it "has and will" continue to "cooperatively" share information with Musk in order for the agreement to go through. The comment comes after the Tesla CEO accused Twitter of withholding information on the social network's accounts' status, and called it a breach of the merger deal.

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Baha Breaking News (BBN) / AY