Thoma Bravo, a private equity firm that had more than US$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 materialise, the sources cautioned, asking not to be identified because the matter is confidential. A Thoma Bravo spokesperson declined to comment while Twitter representatives did not immediately respond to a request for comment.
As with all dealmaking, either you make an official offer, or stfu and sit at the bench. 🤫
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