The vote was mostly a formality, especially in light of Musk's attempts to have the purchase canceled, but it does remove a legal barrier to the sale's completion.
On Tuesday, September 13, Twitter shareholders decided to endorse Tesla CEO Elon Musk's $44 billion acquisition offer.
According to Twitter, a preliminary count indicates that it has enough votes to accept the agreement, The Verge reported.
The vote was mostly a formality, especially in light of Musk's attempts to have the purchase canceled, but it does remove a legal barrier to the sale's completion.
The vote permits Twitter to carry forward a lawsuit meant to force Musk to terminate the transaction.
With the ruling, Musk and Twitter can now move forward with a trial scheduled for the Delaware Court of Chancery in October.
The story stated that Twitter "would seek to clinch the transaction nevertheless, arguing that Musk's reservations are really a pretext for walking away."
Peiter Mudge Zatko, a Twitter leaker, testified before a US Senate committee while the vote was being taken.
Twitter's former security chief testified before Congress that the social media site has porous cyber defenses that leave it open to abuse by minors, thieves, and spies and jeopardize the privacy of its users.
Respected cybersecurity specialist Zatko presented his claims before the Senate Judiciary Committee on Tuesday.
They are unable to defend it because they are unaware of the data they own, where it is stored, and where it comes from, according to Zatko.