Entrepreneur Elon Musk, who has agreed with the company to acquire Twitter, a major American social media company, provides information from the company that is necessary to check the number of fake Twitter accounts etc. For the first time suggested the possibility of canceling the acquisition, saying that was inadequate.
Elon Musk, CEO of American electric car maker Tesla and the world's richest man, has agreed with the company to buy Twitter, but explains that Twitter is less than 5%. We are temporarily suspending the acquisition process to check the number of fake accounts and so on.
Under these circumstances, the US Securities and Exchange Commission released a letter sent to Twitter by Mr. Musk's lawyer on the 6th.
In this, Mr. Musk criticized the company's response, saying, "Twitter continues to refuse to disclose the information necessary to investigate fake accounts."
He then argued that he had the right to terminate the deal for a serious breach of the deal, suggesting that the deal could be cancelled.
This is the first time Mr. Musk has mentioned the possibility of canceling the acquisition, and the Western media has reported analysts' views that it is possible not only to lower the acquisition price but also to really cancel the acquisition. ..
Meanwhile, a Twitter spokeswoman told the US media that the deal is going to proceed at the agreed price and conditions, and that the sale is proceeding as planned, and the acquisition process will not be delayed in the future. The focus is on how to proceed.