Twitter shareholders have filed a lawsuit accusing Elon Musk of engaging in 'unlawful conduct' aimed at sowing doubt about his bid to buy the social media company.
Twitter shareholders have filed a lawsuit accusing Elon Musk of engaging in "unlawful conduct" aimed at sowing doubt about his bid to buy the social media company.
Suit alleges Musk has intentionally driven down stock price because he's trying to nix takeover dealElon Musk, chief executive officer of SpaceX and Tesla Inc., speaks during an event at SpaceX headquarters in Hawthorne, Calif., on Oct. 10, 2019. Twitter's share price is now 27 per cent below what Elon Musk is offering.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter investors sue Elon Musk for delayed disclosure of stakeBillionaire Elon Musk was sued by Twitter Inc investors for delayed disclosure of his stake in the social media company
Read more »
Elon Musk revises Twitter financing plan; shares jumpTesla CEO Elon Musk on Wednesday revised the financing plan for his proposed $44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk's not-entirely-explicable concerns about the number of fake accounts on Twitter.
Read more »
Twitter shareholders meet amid Elon Musk's takeover dramaTwitter's regularly scheduled shareholder meeting Wednesday didn't include a vote on Tesla billionaire Elon Musk's $44 billion bid for the social platform. But the prospects of the buyout and the drama that's surrounded it seemed to be on participants' minds anyway.
Read more »
Twitter shareholders to meet amid Elon Musk's takeover dramaTwitter's regularly scheduled shareholder meeting Wednesday won't include a vote on Tesla billionaire Elon Musk's US$44 billion bid for the social platform. That vote will take place at a yet-undetermined date in the future.
Read more »
Twitter keeps Elon Musk’s ally Egon Durban on board, rejects resignationDurban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion deal
Read more »
Twitter shareholders sue Musk, say he 'deflated' stock priceTwitter shareholders have filed a lawsuit accusing Elon Musk of engaged in “unlawful conduct” aimed at sowing doubt about his bid to buy the social media company.
Read more »