Shareholders approve the proposed $44 billion sale of the company to billionaire

Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees

Shares of Twitter Inc. were essentially flat just before the opening bell Tuesday and far short of the $54.20 per share that Musk has offered to pay for each

The company’s stock last reached that level on April 5 when it offered Musk a seat on the board before he had offered to buy all of Twitter

On Tuesday at the Qatar Economic Forum in an interview with Bloomberg, Musk listed the approval of the deal

In a filing with the SEC detailing on Tuesday detailing a letter to investors, Twitter’s board of directors

unanimously recommends that you vote (for) the adoption of the merger agreement

If the deal were to close now, investors in the company would pocket a profit of $15.22 for each share they own