Top Financial Stories Tuesday, September 13: Elon Musk''s Takeover Set To Get Twitter Shareholder Approval, Intel Slashes Mobileye IPO Valuation, Goldman Sachs To Layoff About 500 Jobs And More…
Wall Street Journal Elon Musk''s Takeover Set To Get Twitter Shareholder Approval By ''Wide Margin'' Today Shareholders of Twitter Inc (NASDAQ: TWTR ) are likely to approve the $44 billion takeover led by Tesla Inc (NASDAQ: TSLA). CEO Elon Musk — a proposal the billionaire entrepreneur is no longer keen on seeing through. Early trends indicate investors approving the deal by a wide margin, according to a Wall Street Journal report citing people familiar with the matter. According to the Journal, the shareholder meeting is scheduled for Tuesday at 1 p.m. EDT. Reuters India Wins $20B Semiconductor Tech Investment From Apple Supplier, Vedanta Kicking Off Its Journey As A Chip Maker Vedanta Ltd and Apple Inc (NASDAQ: AAPL ) supplier Hon Hai Precision Industry Co Ltd (OTC: HNHAF ), operating as Foxconn, aim to invest $19.5 billion to set up semiconductor and display production plants in Gujarat, India. Vedanta Chair Anil Agarwal tweeted regarding the new plant describing it as the onslaught of India''s journey from Chip Taker to a Chip Maker.
Top Financial Stories Tuesday, September 13: Elon Musk''s Takeover Set To Get Twitter Shareholder Approval, Intel Slashes Mobileye IPO Valuation, Goldman Sachs To Layoff About 500 Jobs And More…
Wall Street Journal Elon Musk''s Takeover Set To Get Twitter Shareholder Approval By ''Wide Margin'' Today Shareholders of Twitter Inc (NASDAQ: TWTR ) are likely to approve the $44 billion takeover led by Tesla Inc (NASDAQ: TSLA). CEO Elon Musk — a proposal the billionaire entrepreneur is no longer keen on seeing through. Early trends indicate investors approving the deal by a wide margin, according to a Wall Street Journal report citing people familiar with the matter. According to the Journal, the shareholder meeting is scheduled for Tuesday at 1 p.m. EDT. Reuters India Wins $20B Semiconductor Tech Investment From Apple Supplier, Vedanta Kicking Off Its Journey As A Chip Maker Vedanta Ltd and Apple Inc (NASDAQ: AAPL ) supplier Hon Hai Precision Industry Co Ltd (OTC: HNHAF ), operating as Foxconn, aim to invest $19.5 billion to set up semiconductor and display production plants in Gujarat, India. Vedanta Chair Anil Agarwal tweeted regarding the new plant describing it as the onslaught of India''s journey from Chip Taker to a Chip Maker.