Twitter shareholders approve Musk’s $44 billion offer

Twitter

Twitter shareholders have approved Tesla CEO Elon Musk’s $44 billion bid to buy the company.

The assessment came during a shareholder meeting on Tuesday that lasted just a few minutes, with most votes cast online.

Musk said in July that he was “cancelling” the deal to buy Twitter, accusing the company of failing to provide information about fake or spam accounts on its platform.

Twitter has denied his claims and filed a lawsuit asking a Delaware court to “hold Musk to the agreement.”

A trial is set for next month.

If Twitter wins the lawsuit, the judge could order the Tesla boss to pay billions of dollars to the company, or even complete the acquisition.