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Twitter says committed to Elon Musk buyout even as he wavers - Business Insider
May 18, 2022 24 secs

"Twitter is committed to completing the transaction on the agreed price and terms as promptly as practicable," it said in a Securities and Exchange Commission filing published Tuesday night, referring to Musk's offer to take the company private.

On Tuesday, Musk put the brakes on negotiations, saying the buyout can't proceed unless Twitter CEO Parag Agrawal proved that the platform has fewer than 5% fake accounts.

Twitter's falling share price suggested that investors were convinced that Musk's current buyout offer might fall through

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