Twitter shareholders approve Elon Musk's $44 billion bid to buy the company

Twitter shareholders on Tuesday approved Elon Musk's $44 billion bid to buy the social medial platform, handing over the deal's outcome to a court battle in which the billionaire is trying to scrap the purchase.

Twitter said that the measure passed based on a preliminary count, adding that it will provide a final vote count to shareholders at a later date. Musk in July announced that he was calling off his bid to buy the firm.