Twitter Board suggested to approve the Musk acquisition agreement, but Musk only remembered the layoffs of Tesla

Jimu Journalist Song Qingying

According to the US Broadcasting Corporation, on June 21, local time, Twitter Board unanimously proposed to approve the world's richest man Musk's $ 44 billion acquisition agreement. However, in the latest appearance, Musk himself did not have the problem of Twitter transactions, but he re -raised 10%of the Tesla layoff plan.

Musk (Source: Reuters)

A document from the US Securities and Exchange Commission shows that the Twitter board of directors stated: "Unanimously recommend voting (support) through the acquisition agreement." It is said that if the acquisition is completed, the company's shareholders will receive a profit of $ 15.22 per share.

In April of this year, Twitter announced that it had reached an acquisition agreement with Musk, and agreed that Musk had acquired Twitter of about $ 44 billion in cash by about $ 44.20 per share. After the transaction is completed, Twitter will become a private holding company.

However, as of the early morning of the 21st, Twitter's stock price rose less than 1%. The price per share was slightly higher than $ 38, which was far lower than Musk's purchase requirements for $ 54.20 per share.

However, when the regulatory documents were submitted, Musk said in an interview with Bloomberg at the Qatar Economic Forum on June 21, but said that Twitter trading still had some unexplained problems, including debt and Twitter spam. Forbes Magazine reported that last month, Musk had threatened to cancel the acquisition plan unless Twitter could provide him with the real data of a robot account.

When it comes to whether he will take office Twitter CEO, Musk said, "Is it not as good as that of CEO as much as my ability to push the product in the correct direction." He said that the most important thing is to let Twitter be in the correct direction Development is just like his private rocket company SpaceX and Tesla.

Last week, Musk held all virtual meetings with Twitter employees for the first time, reiterating his desire to promote the acquisition plan at a virtual meeting. It is reported that this is the latest sign of Musk's serious implementation of its acquisition plan.

Compared to Twitter, Musk seems more concerned about Tesla's layoffs. According to Reuters, Musk made a speech at the Qatar Economic Forum, once again mentioned the Tesla layoff plan, and explained the plan in detail.

Earlier this month, it was reported that Musk predicted that the US economic recession would be more serious, saying that Tesla would lay off about 10%of the layoffs and suspend global recruitment. In this speech, Musk said that layoffs were only applicable to paid workers, which means that the total number of Tesla will decrease by 3.5%.

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