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Elon Musk says Twitter deal should go ahead if it provides proof of real accounts

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Elon Musk said that if Twitter Inc. could provide the method for testing 100 accounts and how they confirmed whether the accounts were genuine, the deal of $44 billion to purchase the company must be completed according to the original terms.

Musk says Twitter deal should go ahead if it provides proof of real accounts
Musk says Twitter deal should go ahead if it provides proof of real accounts

“However, should it turn out that SEC filings contain materially incorrect information, the company should not,” Musk tweeted early Saturday.
Responding to a tweet from a user’s question about whether the U.S. SEC was probing “dubious claims” made by Musk, Musk tweeted “, Good question Why aren’t they? “.
Twitter did not respond to the tweet when asked by Reuters.
Twitter on Thursday slammed Musk’s claims that he was tricked into signing the agreement to purchase the social media giant and said that the claim was “implausible and untrue”.
“According to the account of Musk, an entrepreneur with billions of dollars who founded a variety of businesses, aided on the part of Wall Street bankers and lawyers were enticed by Twitter to sign the $44 billion merger agreement. This story is as unlikely and flimsy as it sounds,” the statement published by Twitter on Thursday claimed.
Musk launched a countersuit on Twitter on the 29th of July in a swell of legal action against the online media giant in his attempt to renounce the $44 billion deal.
(Reporting from Juby Babu from Bengaluru and editing with the help of Mark Heinrich and Jason Neely)

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