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

An image of Elon Musk can be seen on a smartphone superimposed on printed Twitter logos in this image, taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

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Aug 6 (Reuters) – Elon Musk said that if Twitter Inc. (TWTR.N) could give its method of sampling 100 accounts and how it confirmed that the accounts are real, its $44 billion deal to buy the company should go through on its original terms.

“If their SEC filings are found to be materially inaccurate, then they shouldn’t be,” Musk tweeted early Saturday morning.

In response to a Twitter user who asked if the US SEC was investigating “dubious claims” from the company, Musk tweeted “Good question, why not?”.

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Twitter declined to comment on the tweet when Reuters contacted him.

Twitter on Thursday rejected Musk’s claim that he was misled into signing the deal to buy the social media company, saying it was “incredible and inconsistent with the facts”. read more

According to Musk, the billionaire founder of multiple companies advised by Wall Street bankers and lawyers, he was tricked by Twitter into signing a $44 billion merger agreement, Twitter reported Thursday.

Musk filed a counterclaim on Twitter on July 29, escalating his legal battle with the social media company over its bid to walk away from its $44 billion purchase. read more

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Reporting by Juby Babu in Bengaluru; adaptation by Mark Heinrich and Jason Neely

Our Standards: The Thomson Reuters Trust Principles.

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