The reports that Twitter (NYSE: TWTR) CEO Parag Agrawal sent an email to employees announcing the meeting. There will be an opportunity for Twitter workers, many of whom are dissatisfied with Musk’s acquisition, to submit questions to Musk in advance of the meeting.
The specifics of the meeting were first revealed by Business Insider.
Since agreeing to acquire Twitter, Tesla CEO Elon Musk has voiced discontent with the company’s management and questioned the veracity of the number of phony Twitter accounts.
Twitter’s spambots have made it possible for Musk to back away from the deal, which was registered with the Securities and Exchange Commission last week. According to a story in The Washington Post, Twitter has agreed to cooperate with Musk’s request for internal figures in order to evaluate the frequency of bot accounts on the social media network.
Twitter has and will continue to exchange information with Musk in order to finalize the purchase, the company stated in a statement. This merger deal will be enforced, as Twitter has made clear.
For $54.20 a share, Musk agreed to acquire Twitter. A 1.7 percent increase in premarket trading on Tuesday brought the stock’s value to $37.67, up from Monday’s closing price of $5.17.
The post Elon Musk To Meet With Twitter Employees For The First Time Since He Agreed To Purchase The Company For $44 Billion In April. appeared first on Best Stocks.
