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Benzinga
Benzinga
Business
Wayne Duggan

Twitter Board Unanimously Approves Musk Buyout: What Happens Next?

Twitter Inc (NYSE:TWTR) shares were trading higher Tuesday after the Twitter board voted unanimously to approve the sale of the company to Tesla Inc (NASDAQ:TSLA) CEO and world's wealthiest person Elon Musk.

What Happened? A new Twitter filing with the U.S. Securities and Exchange Commission Tuesday revealed Twitter's board of directors all approve of Musk's proposed $44-billion buyout of Twitter.

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