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. A Thoma Bravo spokesperson declined to comment while Twitter representatives did not immediately respond to a request for comment.Register now for FREE unlimited access to Reuters.comThe Thomson Reuters Trust Principles.Sign up to our tech newsletter to get the latest news and trends in the global technology industry.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk Twitter acquisition: billionaire trolls take over social mediaElon Musk's attempt to buy Twitter represents a chilling new threat: billionaire trolls taking over social media This is a threat to Communist propaganda. The chilling threat is how news outlets, such as business insider, feel threatened because if Elon musk buys twitter free speech will be allowed again on this platform.
Source: BusinessInsider - 🏆 729. / 51 Read more »