Elon Musk is no longer Twitter's biggest shareholder after the Vanguard Group upped its stake
Elon Musk is no longer the largest shareholder in Twitter after asset managers Vanguard Group upped their stake in the Silicon Valley company. Vanguard now owns 10.3 percent of Twitter, while Musk owns 9.1 percent of the company - meaning he is still the largest individual shareholder. Last week he turned down an offer to join the board. Musk on Wednesday night sent a letter to Twitter offering to take the company private for $41 billion.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter investor sues Elon Musk for failure to promptly disclose his sharesMusk took several weeks to reveal his stake, violating federal law requiring disclosure within 10 days
Read more »
Twitter investor sues Elon Musk for failure to promptly disclose his sharesMusk took several weeks to reveal his stake, violating federal law requiring disclosure within 10 days
Read more »
Elon Musk tries to buy Twitter for $41billionElon Musk has offered to buy Twitter in a $41.39 billion all-cash deal that would take the company private, telling the board chairman in an offer letter: 'Twitter has extraordinary potential. I will unlock it.'
Read more »
Elon Musk offers to buy Twitter for £31,520,000,000He said the company has extraordinary potential and he will unlock it.
Read more »
Elon Musk offers to buy Twitter\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t
Read more »