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

Avisionews by Avisionews
August 7, 2022
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Musk says Twitter deal should go ahead if it provides proof of real accounts
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A picture of Elon Musk is seen on smartphone positioned on printed Twitter logos on this image illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Picture

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Aug 6 (Reuters) – Elon Musk mentioned that if Twitter Inc. (TWTR.N) might present its technique of sampling 100 accounts and the way it confirmed that the accounts are actual, his $44 billion deal to purchase the corporate ought to proceed on its authentic phrases.

“Nonetheless, if it seems that their SEC filings are materially false, then it shouldn’t,” Musk tweeted early on Saturday.

In response to a Twitter consumer asking whether or not the U.S. SEC was probing “doubtful claims” by the corporate, Musk tweeted “Good query, why aren’t they?”.

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Twitter declined to touch upon the tweet when contacted by Reuters.

Twitter on Thursday dismissed Musk’s declare that he was hoodwinked into signing the deal to purchase the social media firm, saying that it was “implausible and opposite to reality”. learn extra

“In response to Musk, he — the billionaire founding father of a number of firms, suggested by Wall Road bankers and attorneys — was hoodwinked by Twitter into signing a $44 billion merger settlement. That story is as implausible and opposite to reality because it sounds,” the submitting launched by Twitter on Thursday mentioned.

Musk filed a countersuit Twitter on July 29, escalating his authorized combat towards the social media firm over his bid to stroll away from the $44 billion buy. learn extra

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

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