San Francisco, September 14,2022:Twitter shareholders on Tuesday voted to approve Tesla CEO Elon Musk’s $44 billion takeover bid.
The vote came as Musk’s lead team is in a court battle to get out of the deal.
Twitter confirmed that a preliminary count shows it has enough votes to approve the deal, reports The Verge.
Twitter has sued Musk for allegedly breaching the deal agreement.
The vote lets Twitter continue with a lawsuit intended to make Musk close the acquisition.
The legal battle is expected to start in mid-October.
The approval means that Musk and Twitter will proceed to an October trial in the Delaware Court of Chancery.
