Buyout firm Thoma Bravo expresses interest in acquiring Twitter
It’s unclear how much Thoma Bravo would pay for micro-blogging platform
By Arghyadeep Dutta
Published - Apr 15, 2022, 08:16 PM ET
Last Updated - Feb 22, 2024, 12:47 PM EST
Twitter shareholder rights plan, often called ‘poison pill’ to protect itself from a hostile takeover
Buyout firm Thoma Bravo LP has expressed its interest to acquire Twitter Inc (NYSE: TWTR), which is expected to compete with Tesla Inc (NASDAQ: TSLA) Chief Executive Elon Mu sk’s $43 billion offer.
The Illinois-based private equity firm has informed Twitter that it is exploring the possibility of putting together a bid, Reuters reported on Friday, citing people familiar with the matter.
Thoma Bravo had more than $103 billion in assets under management (AUM) as of the end of December.
