Reuters. In this artwork taken on April 28, 2022, Elon Musk is depicted on a smartphone with printed Twitter logos as a background. Dado Ruvic’s illustration is from Reuters. — (Reuters) Elon Musk stated that his $44 billion bid to acquire the company should move through as planned if Twitter Inc (NYSE: TWTR) could disclose its process of sampling 100 accounts and how it verified that the accounts are legitimate.
Musk tweeted early on Saturday, “However, if it turns out that their SEC filings are materially inaccurate, then it should not.”
Musk replied, “Good question, why aren’t they?,” in response to a Twitter user who questioned whether the U.S. SEC was looking into the company’s “dubious assertions.”
When asked by Reuters, Twitter declined to comment on the tweet.
Twitter rejected Musk’s assertion that he was duped into signing the agreement to purchase the social media business on Thursday, calling it “implausible and contrary to fact.”
“Musk claims that despite receiving advice from Wall Street bankers and attorneys and being a multi-billionaire founder of numerous firms, Twitter tricked him into signing a $44 billion merger agreement. That tale is as unbelievable and untrue as it seems, “Twitter stated in a document it made public on Thursday.
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 purchase.
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