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Twitter Subpoenas Information on Musk Associates - Washington Post

Stock Markets Aug 02, 2022 02:03PM ET
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© Reuters. Twitter (TWTR) Subpoena's Information On Musk Associates - Washington Post

By Sam Boughedda

According to a report from the Washington Post, Twitter (NYSE:TWTR) is looking into Elon Musk's associates and who he may have spoken to about his $44 billion offer to acquire the company.

The Washing Post reported, citing legal documents it has seen, that in a subpoena issued Monday, Twitter's legal team asked for information about some of Silicon Valley's elite, including investors such as Chamath Palihapitiya, David Sacks, Steve Jurvetson, Marc Andreessen, Jason Calacanis and Keith Rabois. Some of those names have not previously been mentioned as having any involvement in Musk's Twitter deal.

Twitter is looking for information that will support its legal attempt to push through Musk's acquisition of the company.

The Washington Post added that there was a "flood of document requests" issued over the weekend and on Monday, adding to the twist and turns of the complicated court case between the social media company and Musk.

The Post added that the subpoena includes further "extensive" requests for communications related to the financing of the deal, as well as requests for communications on spam and bots.

Twitter shares are up 0.37% Tuesday.

Twitter Subpoenas Information on Musk Associates - Washington Post
 

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Comments (2)
The Messenger
The Messenger Aug 02, 2022 2:50PM ET
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Correction is needed..."The Washing Post reported." Second paragraph 👍✌️
The Messenger
The Messenger Aug 02, 2022 2:45PM ET
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"The Washing Post" lol .....Spelling error.
 
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