Published 2 years ago

Musk's $44 bln Twitter buyout challenged in shareholder lawsuit

Summary by Ground News

Florida pension fund seeks to stop Elon Musk from quickly completing his planned $44 billion takeover of the social media company. Orlando Police Pension Fund says Musk cannot complete the takeover until at least 2025 unless holders of two-thirds of shares not "owned" by him approved. Musk became an "interested stockholder" after taking a more than 9% Twitter stake, requiring the delay.

0 Articles

All

Left

Center

Right

Times of India

musk: Elon Musk, Twitter are sued by shareholder over $44 billion takeover

Elon Musk and Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from quickly completing his planned $44 billion takeover of the social media company.

2 years ago·India

Read Full Article

The Guardian

Florida pension fund sues Elon Musk and Twitter to stop buyout

The class-action lawsuit argues that the deal cannot close before 2025

2 years ago·London, United Kingdom

Read Full Article

The Independent

Elon Musk and Twitter hit with lawsuit from shareholder to delay $44bn takeover

Orlando Police Pension Fund filed lawsuit on Friday in Delaware

2 years ago·London, United Kingdom

Read Full Article

Reuters

Musk's $44 billion Twitter buyout challenged in shareholder lawsuit

Elon Musk and Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing his $44 billion takeover of the social media company before 2025.

2 years ago·United Kingdom

Read Full Article

Global News

Elon Musk, Twitter sued by a Florida pension fund over $44B takeover - National

Elon Musk and Twitter Inc TWTR.N were sued on Friday by a Florida pension fund seeking to stop Musk from quickly completing his planned $44 billion takeover.

2 years ago·Toronto, Canada

Read Full Article

CNN

Musk's $44 billion Twitter buyout challenged in shareholder lawsuit

Elon Musk and Twitter were sued on Friday by a Florida pension fund seeking to stop Musk from quickly completing his planned $44 billion takeover of the social media company.

2 years ago·Atlanta, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.