Stock Market News
Twitter rejects Elon Musk ally’s resignation from board
2022.05.27 16:31
FILE PHOTO: Elon Musk’s twitter account is seen on a smartphone in front of the Twitter logo in this photo illustration taken, April 15, 2022. REUTERS/Dado Ruvic/Illustration
(Reuters) – Twitter Inc (NYSE:TWTR) said in a filing on Friday it would not accept Egon Durban’s resignation from the board, after shareholders blocked his re-election at an annual meeting earlier this week.
Durban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion deal.