Although Twitter’s board of directors behaved relatively more harmoniously during the acquisition process of Twitter, which turned into a snake story, problems continue on Elon Musk’s side. Currently, 3 problems need to be resolved.
Elon Musk doesn’t want clutter
Twitter’s board of directors approved the handover of the social network to Elon Musk this week, and in its report to the commission, it said the next process is dependent on shareholder approval.
Elon Musk states that certain demands have not yet been met. First of all, it wants troll accounts to be at most 5 percent among revenue generating users. Musk, who wants a more fluent answer for this, will make his decision after that.
Secondly, how Musk will repay the debt is a problem. Especially the performance of Tesla shares will be decisive at this point. Third, the voting by shareholders at the end of July may also be a major obstacle. So the purchasing process is dragged into more and more confusion.
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