Twitter execs ignore shareholders questions about Musk takeover

Photo by: Elon Musk - Facebook
Photo by: Elon Musk - Facebook

(San Francisco, CA) -- Twitter executives dodged questions about Elon Musk's takeover bid during the annual investor meeting Wednesday.

Investors asked questions including what would happen to their shares if the deal goes through. Executives declined to answer, saying they'd address Musk's 44-billion dollar offer at a later meeting.

CEO Parag Agrawal said leaders are focused on business as usual and are "working through the transaction process."

In the meantime, Twitter shareholders have voted to require the social media company to report on its policies covering concealment clauses and election spending. The company will now have to issue a report on the risks of using concealment clauses such as nondisclosure agreement or non-disparagement agreements in the case of harassment, discrimination, and other unlawful acts.

Twitter also will have to provide semiannual updates on policies about using corporate funds in election campaigns.