Elon Musk is getting closer to acquiring Twitter for his offer of 44 billion dollars. This week the board of directors of Twitter unanimously approved its purchase offer.
The news is known a few days after the first meeting of Elon Musk with employees of Twitter where he announced the changes he wants to implement and his vision of where he wants to take this social network.
Although there has been talk for months that Elon Musk will buy Twitterthe businessmen had commented that he was putting the deal on hold pending a review of the company’s policies. Twitter when it comes to spam accounts and bots.
The employer threatened to cancel the contract unless Twitter offered definitive proof of how many bots and spam accounts there are on the social network. According to the estimates of Muskup to 20% of the 229 million users of Twitter they are spambots, four times the number provided by the company.
In a recent filing with the United States Securities and Exchange Commission, the board of directors of Twitter He said that he “unanimously recommends that they vote (in favor) of the adoption of the merger agreement.”
If the deal closes now, investors in the company would earn more than $15 for each share they own.
the founder of TwitterJack Dorsey, who resigned as CEO of the company last year, would take a profit of 978 million dollars once the purchase of Elon Musk.
For his part, Parag Agrawal, the current CEO of Twitterwould leave the company due to difference in driving with a payment of 42 million dollars
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Twitter executives unanimously accept Elon Musk’s offer