Twitter shareholders approve Musk deal

Twitter shareholders have approved Elon Musk's 44 billion-dollar bid to buy the company. This means the social media giant will now take Musk to court to force him to complete the deal.

The purchase was approved by a majority vote at an online shareholder meeting on Tuesday.

The deal will pay investors 54 dollars and 20 cents per share. This is significantly higher than Twitter's market value of about 42 dollars, as of Tuesday.

Twitter's board had been encouraging shareholders to approve the deal, saying it was the best option.

Musk and Twitter initially agreed on the terms of the deal in April. But the billionaire announced in July he was pulling out, saying the company had provided him with insufficient data on the number of fake accounts on its platform.

Twitter has rejected the claim and filed a lawsuit that would force him to complete the purchase. The trial is set to start next month.