In response to statements by Elon Musk, Twitter's management dismisses the possibility of lowering the agreed-upon price for the sale of the company.
Twitter's management plans to keep the $44 billion value for the sale of the company to Elon Musk unchanged, as per the preliminary agreement reached, reports the Financial Times.
The indication is contained in a document sent to the Securities and Exchange Commission (SEC) hours after Tesla's CEO stated that the purchase of the social network "could not move forward" without Twitter being able to certify the number of fake accounts.
"Twitter is committed to completing the transaction at the agreed upon price," the company quoted by the newspaper Negócios indicates.
On Monday, Musk indicated that a lower price was "not out of the question." The South African businessman mocked the social network's CEO, Parag Agrawal, on Twitter for failing to provide proof of the number of fake accounts.
Shares of the social network have been trading below the $54.20 offered by Musk but on Monday suffered a tumble to $37.39, a low of about two months.