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Musk says Twitter deal should go ahead if he provides proof of real account

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Elon Musk said his deal to buy Twitter Inc. for $44 billion would be on the original terms if he could provide a way to sample 100 accounts and verify that those accounts were real. said it should proceed with

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“But if their SEC filing turns out to be materially false, it shouldn’t be,” Musk tweeted early Saturday.

When a Twitter user asked if the Securities and Exchange Commission (SEC) was investigating the company’s “questionable allegations,” Musk tweeted, “Good question, why not?”

Twitter did not respond to Reuters’ request for comment on Musk’s tweet outside of normal business hours.

Twitter on Thursday dismissed Musk’s allegations that he was tricked into signing a deal to buy the social media company, calling it “incredible and untrue.”

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“Mr Musk, the billionaire founder of multiple companies on the advice of Wall Street bankers and lawyers, was tricked by Twitter into signing a $44 billion merger deal. is unbelievable and contrary to fact,” said a filing issued by Twitter on Thursday.

Musk filed a counterclaim against Twitter on July 29, escalating his legal battle against the social media company over his bid to walk away from the $44 billion acquisition.

(Reporting by Juby Babu, Bengaluru; Editing by Mark Heinrich and Jason Neely)

Musk says Twitter deal should go ahead if he provides proof of real account

Source link Musk says Twitter deal should go ahead if he provides proof of real account

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