Tesla and Space X owner Elon Musk has said that his takeover deal to buy Twitter should be able to proceed on its original terms, provided that Twitter could verify its method of sampling 100 accounts and illustrate how they prove the accounts are genuine.
“However, if it turns out that their SEC filings are materially false, then it should not,” Musk tweeted on Saturday morning. He also questioned why the SEC wasn’t probing the “dubious claims” made by the company, after the issue was brought up by another user.
Twitter on Thursday dismissed Musk’s allegation that he was duped into signing the deal to buy them, stating that it was “implausible and contrary to fact.”
“According to Musk, he — the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers — was hoodwinked by Twitter into signing a $44 billion merger agreement. That story is as implausible and contrary to fact as it sounds,” Twitter said in filings released on Friday.
Musk filed a counter lawsuit against Twitter on July 29th, which, if successful, would allow him to walk away from the $44 billion deal to buy Twitter.
Musk also started a new poll on his Twitter page regarding the authenticity of its users. Users were poll on whether or not they believe that “Less than 5% of Twitter daily users are fake/spam.” The two options users had to choose from were “Yes,” with robot emojis or “Lmaooo No.”
ARTICLE: PAUL MURDOCH
MANAGING EDITOR: CARSON CHOATE
PHOTO CREDITS: CNBC
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