Elon Musk has announced that he will proceed with the acquisition of Twitter under the original terms if the company shows how to check the authenticity of user accounts, posted on Twitter this Saturday the billionaire.
In response to a platform user who summed up the conflict between the businessman and the tech giant, Musk explained what his main condition is to make the $44 billion deal happen.
“If Twitter just offers its verification method with 100 accounts and [muestra] as they are confirmed to be real, the deal should continue under the original terms,” the Tesla and Space X founder wrote.
Musk also noted that if the company’s filings with the US Securities and Exchange Commission (SEC) were falsified, it would have to suspend everything is agreed.
“If it turns out that your SEC filings are materially false, then [el acuerdo] it should not [proceder]Musk tweeted.
On July 8, Musk canceled the deal to buy the social network for $44,000 million, arguing Twitter’s “fundamental breach of multiple provisions” after it failed to respond to his requests for information on the amount of fake or spam accounts registered on the platform.
In response, the social network filed a lawsuit to force the tycoon to fulfill his offer to buy the company. On July 29, Musk filed a countersuit against the microblogging service.
Twitter on Thursday dismissed Musk’s claim that he was tricked into signing the acquisition agreement, saying it was “unbelievable and contrary to fact.”
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“According to Musk, he—the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers— was tricked by Twitter to sign a $44 billion merger agreement,” the company said, as quoted by Reuters. “This story is as far-fetched and counter-intuitive as it seems,” he said.
Original note from RT Spanish.
