Twitter has set a date for shareholders to vote on Elon Musk’s $44bn takeover offer, despite now being embroiled in a legal battle with the Tesla boss who says he no longer wants to buy it.
The social media platform sent a letter to shareholders telling them it would hold a virtual special meeting on 13 September to vote on Mr Musk’s offer, according to a filing made with the Securities and Exchange Commission.
It comes as Twitter and the world’s richest person are heading to court in October after he moved to terminate his deal to buy the company earlier this month.
The SpaceX CEO notified Twitter on 8 July that he was cancelling the acquisition, claiming that the San Francisco-based company had failed to give accurate information on the number of bots and fake accounts.
He alleges that the company’s estimate of five per cent of its…
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