Elon Musk stated that his $44b agreement to acquire the business should move forward as planned if Twitter Inc. could 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 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 reporters, 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.”
“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. 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.
