Twitter (TWTR) shareholders overwhelmingly approved the company’s planned $44 billion sale to Elon Musk on Sept. 13, but there appears to have been a notable absence in the proceedings.
According to filings with the Securities and Exchange Commission, only about 60% of shares outstanding were voted at the meeting earlier this week to consider the deal.
Overall, 459.6 million shares were voted at the meeting, the company said in the filing.
Of those, 453.1 million, or 98.6%, were voted in favor of the plan to sell the company to Musk, while 4.1 million, 0.9%, voted no and 2.4 million, or 0.5%, abstained, the company reported.
Source: https://www.thestreet.com/investing/musk-apparently-didnt-bother-to-vote-against-twitter-acquisition?puc=yahoo&cm_ven=YAHOO&yptr=yahoo