Twitter deal still a possibility if it provides proof of real accounts: Elon Musk

Picture source: Reuters

Elon Musk stated that his $44 billion agreement to acquire the business should move through as planned if Twitter Inc. (TWTR.N)  disclose how it selected 100 accounts for sampling and how it verified that the accounts are authentic.

Musk tweeted early on Saturday “However, if it turns out that their SEC filings are materially false, then it should not.”

In response to a Twitter user asking whether the U.S. SEC was probing “dubious claims” by the company, Musk tweeted “Good question, why aren’t they?”.

According to Reuters, Twitter declined to comment on the tweet when contacted.
Twitter on Thursday dismissed Elon Musk’s claim that he was duped into signing the deal to buy the social media company, saying that it was “implausible and contrary to fact”.

According to Musk, Twitter tricked him into signing a $44 billion merger agreement despite the fact that he is a multi-billionaire founder of several firms who receives advice from Wall Street bankers and attorneys.

The filing released by Twitter on Thursday said that story is as implausible and contrary to the fact as it sounds.

On July 29, Musk filed a countersuit against Twitter, intensifying his legal battle with the social media firm over his request to back out of the $44 billion acquisition.