Technology

Morgan Stanley, BofA Subpoenaed by Twitter in Musk Fight

Twitter Inc. subpoenaed records from Morgan Stanley and other financial firms as part of its legal fight with Elon Musk over his canceled $44 billion acquisition of the social media platform.

Morgan Stanley was Musk’s chief financial adviser on the proposed deal and pledged up to $5.5 billion in financing. In a series of subpoenas posted Monday in Delaware Chancery Court, Twitter also sought documents from Bank of America, Barclays PLC, BNP Paribas, Citigroup Inc. and several other banks that committed to backing Musk’s acquisition.