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Twitter Board Says It Plans to Enforce Musk Merger Agreement

Twitter Inc.’s board said it plans to enforce its $44 billion agreement to be bought by Elon Musk, saying the transaction is in the best interest of all shareholders. ‘We intend to close the transaction and enforce the merger agreement’, the board said Tuesday in a statement to Bloomberg News. Directors voted earlier to unanimously recommended that shareholders approve Musk’s $54.20-a-share offer.

Lees meer bij Bloomberg Law

Twitter Counts on Mid-Level Lawyers After Cutting Top Legal Jobs

Twitter Inc.‘s legal department, already culled of senior leaders and their deputies, is counting on a collection of lawyers not previously in line for leadership roles to shepherd it through immediate needs. Christian Dowell, a former senior lawyer at Yahoo Inc. hired by Twitter in 2020, is overseeing product counsel,

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FTX customers file class action to lay claim to dwindling assets

FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, seeking a declaration that the company’s holdings of digital assets belong to customers. The lawsuit is the latest legal effort to lay claim to the dwindling assets of

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Thema

Tech & Legal Tech:

Twitter Board Says It Plans to Enforce Musk Merger Agreement

Twitter Inc.’s board said it plans to enforce its $44 billion agreement to be bought by Elon Musk, saying the transaction is in the best interest of all shareholders. ‘We intend to close the transaction and enforce the merger agreement’, the board said Tuesday in a statement to Bloomberg News. Directors voted earlier to unanimously recommended that shareholders approve Musk’s $54.20-a-share offer.

Lees meer bij Bloomberg Law

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LEGALE ZAKEN maakt gebruik van cookies om het gebruik van de website te analyseren, om het mogelijk te maken content via social media te delen. Deze cookies worden ook geplaatst door derden. Wij gaan zorgvuldig met uw privégegevens om. Klik op ‘lees verder’ voor uitgebreide informatie.

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