In a filing on Friday Multi giant Twitter has rejected Egon Durban’s resignation from the board, two days after shareholders blocked his re-election at an annual meeting.
Durban is an ally of Elon Musk, who has offered to take Twitter private in a $44 billion deal. Twitter said Durban failed to receive the support of a majority of the votes in the re – election held earlier this week.
Durban who serves the blue bird with six other companies, has agreed to reduce his board service commitments to no more than five public company boards by May 23, 2025.
According to the filing, Silver Lake Partners, where Durban is co – CEO, helped put together Musk’s $44 billion acquisition of Twitter.
Twitter was bought by Elon Musk recently, the announcement created a huge stir of controversial statements and decision in the future of Musk.
