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Musk dissolves Twitter's board to consolidate control over the company

2022-11-01 00:34:07
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ChainCatcher news, according to CNN, the securities filing submitted on Monday shows that Twitter's board was dissolved on Thursday after Musk's acquisition of Twitter. The documents submitted by the company stated that "under the terms of the merger agreement," all former members of Twitter's board, including recently ousted CEO Parag Agrawal and Chairman Bret Taylor, are no longer directors. Musk became "the sole director of Twitter." (source link)

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