Twitter’s top executives are set to exit with $100 mn payout as Musk takes over

Three of Twitter Inc.’s top executives who were said to be fired after Elon Musk completed his takeover are poised to collect more than $100 million in severance and payouts of previously granted equity awards. Chief Executive Officer Parag Agrawal, who stepped into the role less than a year ago, is eligible to receive roughly […]

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Twitter to hold shareholder vote on Musk’s offer in September

Twitter Inc said on Tuesday it would hold a shareholder meeting on Sept. 13 to vote on the social media company’s proposed $44 billion takeover offer by Tesla chief Elon Musk. The company’s plan, which was disclosed in a filing, comes as the world’s richest person prepares for a legal showdown with Twitter in October […]

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Looming Musk-Twitter legal battle hammers company shares

Twitter is now preparing to sue Mr. Musk in Delaware where the company is incorporated Twitter is now preparing to sue Mr. Musk in Delaware where the company is incorporated Shares of Twitter slid more than 6% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion […]

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Elon Musk’s $44 billion Twitter deal gets board endorsement

Mr. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees Mr. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees Twitter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the […]

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