Many employees feared that the behavior of the person planning to take over would negatively affect the company
The purchase of Twitter by Elon Musk will take another step next Thursday after the meeting the company’s employees will hold with the North American tycoon. It will be the first meeting they have held since the world’s richest man made his $44,000 million bid in April.
The call, made by Twitter CEO Parag Agrawal via email, comes after the company agreed to send Musk the data of all users and tweets from the social network’s 16th anniversary. with the aim that , albeit in a complicated way due to the large amount of data, analyze the number of fake accounts.
The Tesla owner will be answering questions directly from Twitter employees, who have been concerned since the maze of acquisitions began that Musk’s behavior would destabilize the company’s social networking activities and have a rebound effect on the company’s social network. financial aspect. And the data supported the uncertainties. Since the purchase process was launched, the company’s stock has not stopped losing value.
Nevertheless, the directors have always been in favor of completing the purchase process. That’s why they announced last week that the company’s shareholders would vote in advance on the sale process in August.
Some of the movements that responded to the threat Musk launched via email to discontinue the operation after accusing the company of a “clear material breach” of its obligations by failing to provide him with the sufficient data he wanted to to complete the operation.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
