Twitter’s board wants the $44 billion Elon Musk takeover completed, which is why it’s asking its shareholders to approve the deal, according to a new regulatory filing.
The board states in the document filed with the U.S. Securities and Exchange Commission on Tuesday that it “unanimously recommends that you vote (for) the adoption of the merger agreement.”
The company’s board also unanimously recommended the shareholders to approve “the compensation that will or may become payable by Twitter to its named executive officers in connection with the merger”
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