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Sunday, January 29, 2023

Twitter Investors Deal a Big and Humiliating Blow to Musk

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Shareholders of Twitter ( (TWTR) – Get Twitter, Inc. Report) voted towards re-electing Egon Durban, an ally to Elon Musk, as a director to the board at its annual shareholder assembly on May 25.

Durban, the co-head of personal fairness agency Silver Lake, had partnered with Musk when he sought to take Tesla ( (TSLA) – Get Tesla Inc Report), the electrical carmaker, personal as its CEO.

Twitter CEO Parag Agrawal declined to debate the standing of the takeover supply by Musk throughout its annual shareholder assembly.

Source: www.thestreet.com

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