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April 16, 2022 12:45 am

Buyout Firm Thoma Bravo Approaches Twitter With Acquisition Interest To Rival Elon Musk's Bid

Buyout firm Thoma Bravo has contacted Twitter to express interest in putting together an acquisition offer that would rival Tesla CEO Elon Musk's $43 billion bid. Reuters reports: Thoma Bravo, a private equity firm that had more than $103 billion in assets under management as of the end of December, has informed Twitter that it is exploring the possibility of putting together a bid, the sources said. It is not clear how much Thoma Bravo would be prepared to offer and there is no certainty that such a rival bid will materialize, the sources cautioned, asking not to be identified because the matter is confidential.

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Original Link: https://slashdot.org/story/22/04/15/2124204/buyout-firm-thoma-bravo-approaches-twitter-with-acquisition-interest-to-rival-elon-musks-bid?utm_source=rs

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