(Bloomberg) -- Onetime PayPal Holdings Inc. Chief Operating Officer David O. Sacks said he exchanged a few emails with investment bankers about possibly investing in his old friend Elon Musk’s Twitter Inc. acquisition but never became involved in the proposed deal.

Sacks provided more detail about his contacts in a Tuesday court filing aimed at shooting down a subpoena served on him by Twitter. The social media company has cast a wide net seeking information from people and firms that expressed interest in backing Musk’s $44 billion bid before the billionaire reversed course, triggering a legal fight in Delaware.

Now a venture capitalist, Sacks said the emails with Musk’s bankers were about setting up a meeting for further discussions. That meeting never took place, and he never exchanged confidential information or committed to investing in the deal, he said. Sacks didn’t identify the bankers, but Morgan Stanley acted as Musk’s chief financial adviser. 

Sacks also denied what he said was Twitter’s contention that he was one of only four people with whom Musk discussed the deal. Though he acknowledged Musk identified him as a person with whom he had communicated, Sacks said Twitter had twisted the meaning of his former PayPal colleague’s words.

“Twitter ‘asked Mr. Musk the narrow question whether he had communicated with any of five named individuals singled out by Twitter, including Mr. Sacks,’” Sacks said. “It did not ask Mr. Musk to list all the individuals with whom he privately had communicated. Mr. Musk responded that he communicated with four of the five named individuals, including Mr. Sacks. To characterize that response as a statement that Mr. Sacks was ‘one of just four individuals with whom’ Mr. Musk ‘privately communicated about the deal’ is false and misleading in a way designed to overstate his involvement.”

Twitter didn’t immediately respond to an email seeking comment.

Twitter’s suit seeking to force Musk to complete the transaction is slated for trial on Oct. 17. Both sides are jockeying for position with a spate of subpoenas to people and firms involved in the deal. 

Sacks, often cited as a member of the “PayPal Mafia” along with Musk, Peter Thiel, Max Levchin and others, last week told Delaware Chancery Judge Kathaleen St. J. McCormick that he already told Twitter everything he knows and that the subpoenas were harassing him and his companies, including Craft Ventures LLC.

The case is Twitter v. Musk, 22-0613, Delaware Chancery Court (Wilmington). 

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