Twitter whistleblower testifies: Stakeholders approve Elon Musk's bid

Twitter shareholders have approved Elon Musk’s $44 billion bid to buy the company.

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The vote came amid Musk's efforts to scrap the deal over allegations of breach of the agreement.

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The social media company had urged investors to green-light the $44 billion acquisition, which values the company at $54.20 per share.

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After buying a major chunk of Twitter stock, Musk announced that he was calling off his buying bid in July.

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He alleged that Twitter misrepresented the number of phony accounts on its platform.

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Twitter sued Musk to coax him to purchase the company, the trial of which begins in Delaware Chancery Court on October 17.

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Whistleblower and Twitter's ex-security chief Peter Zatko alleged that his former employer lied to Musk about the bot accounts.

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In a damning testimony to the US Senate, Zatko said the platform was breached by foreign intelligence agencies multiple times.

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