Buyout firm Thoma Bravo approaches Twitter with acquisition interest


FILE PHOTO: The Twitter logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2016. REUTERS/Brendan McDermid/File Photo

NEW YORK (Reuters) - Buyout firm Thoma Bravo LP has contacted Twitter Inc to express interest in putting together an acquisition offer that would rival Tesla Inc Chief Executive Elon Musk's $43 billion bid, people familiar with the matter said on Friday.

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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Can pink noise enhance sleep and memory? Early research drives a colour noise buzz
Google set to bring ads in search AI Overviews
AI startup Anthropic hires Airbnb veteran Krishna Rao as first CFO
Apple says US antitrust lawsuit should be dismissed
Microsoft promotes new tools for making AI software
Explainer-What are AI PCs?
Comcast prices Peacock, Netflix, Apple TV+ streaming bundle at $15 a month
Actors union backs Scarlett Johansson after claim of voice misuse by OpenAI
Disney's Pixar Animation to lay off about 14% of workforce
Micron lifts 2024 capex forecast on rising investment in AI-related chips

Others Also Read