According to people familiar with the matter, the chief lawyer of twitter reassured employees on Wednesday that the sale of the company to billionaire Elon Musk was still in progress, and the shareholders' vote would be held at the end of July or early August. According to people familiar with the matter, Vijaya gadde, head of twitter law and policy, said at an employee meeting that the company was waiting for the approval of its shareholder proxy by the US Securities and Exchange Commission, after which the proxy would be sent to shareholders.
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In order to alleviate Musk's concern about the number of fake accounts, twitter reportedly agreed to share a large number of public twitter data with musk. "Twitter has shared and will continue to share information with musk to complete the transaction in accordance with the terms of the merger agreement. We believe that this agreement is in the best interests of all shareholders," Twitter said. "We intend to complete the transaction and implement the merger agreement at the agreed price and terms."
As for the problem of telecommuting that employees are worried about, gard said that telecommuting is not protected by the merger agreement, so there is no guarantee that musk will continue to allow telecommuting.