This statement is the distributive property which states that "There exists" quantifier is distributed over OR operations and it is fully distributive,hence this bi implication is true.
x in lhs and rhs is similar. x is bounded to some domain. Say x represents student in a class.If you want them to be different then you need to use different variables like x and y. As there are no different variables so given that your LHS is true ,you cant make RHS false or vice versa