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Browse: Home / 2022 / October / 31 / Elon Musk Ousts Twitter Board, Named Sole Director – WSJ

Elon Musk Ousts Twitter Board, Named Sole Director – WSJ

By Securities Docket on October 31, 2022, 1:05 pm

The board that oversaw Twitter Inc. during its tumultuous sale to Elon Musk has been dissolved, with the Tesla Inc. chief now serving as the social-media company’s sole director.

Twitter said in a securities filing Monday that the nine members of its former board are no longer directors as of the consummation of the $44 billion merger, which closed last Thursday after six months of hand-wringing over the deal’s fate.

Source: Elon Musk Ousts Twitter Board, Named Sole Director – WSJ

Posted in Industry, Top | Tagged Twitter

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