- Elon Musk has subpoenaed records from Twitter ( NYSE: TWTR ) advisers Goldman Sachs ( NYSE: GS ) and JPMorgan Chase ( NYSE: JPM ) in another day of pretrial action ahead of an October showdown to decide the fate of Musk's $44B acquisition deal for Twitter.
- Musk's team is seeking documents and communications about their analysis of the proposed merger, as well as anything involving discussions “with or about other potential purchasers of Twitter" other than Musk, Bloomberg reports.
- That's part of what is becoming an intense quest for documents and record from both sides of the case. After a Friday deadline that formally established a five-day trial set for October, Twitter ( TWTR ) issued a flood of subpoenas and document requests to a wide number of members of Silicon Valley Who's Who, including Musk associates and figures not previously linked to the deal: investors Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis and Keith Rabois.
- That brought a vocal reaction from Musk associate Joe Lonsdale, who called it a " giant harassing fishing expedition ."
For further details see:
Musk issues subpoenas to Twitter's deal advisers as document showdown continues