On Monday, the boss of Tesla threatened in an official document to withdraw his offer to acquire the social network which, according to him, actively resist
to its requests for information on spamming and fake accounts, which the platform refuted.
But the council of the Californian group should provide the multi-billionaire a flood of data comprising the approximately 500 million tweets published each day
perhaps as early as this week, according to an article in the American daily published on Wednesday.
The Washington Post bases this information on an anonymous source familiar with the negotiations. Contacted by AFP, Twitter declined to comment.
Elon Musk filed an offer to buy Twitter in April for 44 billion US dollars (55 billion Canadian dollars), after many twists and turns, from his entry into the capital without warning to a series of very critical messages from the social network.
A transaction with twists and turns
In mid-May, he announced that he would suspend the agreement reached with the council, before reaffirming his intention to buy the platform, raising his doubts about the data transmitted by Twitter on spam and fake accounts, as well as the measures taken to limit its proliferation.
The buyout agreement obliges the entrepreneur to complete the transaction, unless he can prove that the social network cheated him or that a major event changes his value.
Both parties have agreed to pay a severance fee of up to US$1 billion (C$1.15 billion) in certain circumstances.
Twitter estimates that the number of fake accounts and spam on the social network represents less than 5% of its daily active users.
But Elon Musk says the platform’s methodology is not adequate
and that he must carry out his own analysis
.
If the board of directors gives him access to all the information, this will end this major stalemate
said analyst Dan Ives on Twitter.
On the New York Stock Exchange, Twitter’s stock hovered around US$40 (C$50.22) on Wednesday, a far cry from the US$54.20 (C$68) price offered by the richest man of the world in April.
