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Twitter Seeks Musk Deal Insight From Larry Ellison’s Trust

Aug. 5, 2022, 8:19 PM

Twitter Inc. subpoenaed an official of a trust controlled by Oracle Corp. founder Larry Ellison that committed $1 billion to Elon Musk’s proposed $44 billion buyout of the social media company.

The company’s lawyers are demanding Ellison Trust representative Philip Simon hand over details of the entity’s involvement in the now-teetering transaction, according to court filings Friday.

Twitter also subpoenaed venture capitalist Marc Andreessen over the financing of the deal, as well as David O. Sacks and Joe Lonsdale.

The company has sought information from more than a dozen people or investment firms that committed equity to Musk’s ...