Twitter Inc adopted a 'poison pill' on Friday (April 15) to limit Elon Musk's ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his US$43 billion (S$58 billion) bid for the company. Thoma Bravo, a technology-focused private equity firm that had more than $103 billion in assets under management as of the.
Twitter adopts a ""defensive measure"" limiting Elon Musk's ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his $58 billion bid for the company.
NEW YORK, April 16 Twitter Inc adopted a ‘poison pill’ yesterday to limit Elon Musk’s ability to raise his stake in the social media platform, as a buyout firm emerged to challenge his US$43 billion (RM182.1 billion) bid for the company. Thoma Bravo, a technology-focused private equity.