{"id":1440429,"date":"2022-04-15T13:14:45","date_gmt":"2022-04-15T17:14:45","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1440429"},"modified":"2022-04-15T13:14:50","modified_gmt":"2022-04-15T17:14:50","slug":"private-equity-giant-thoma-bravo-considers-twitter-bid","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/private-equity-giant-thoma-bravo-considers-twitter-bid\/","title":{"rendered":"Private Equity Giant \u201cThoma Bravo\u201d Considers Twitter Bid"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fprivate-equity-giant-thoma-bravo-considers-twitter-bid%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1440429&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p>A lot of scrambling seemed to occur the moment Tesla CEO Elon Musk made the offer to buy up Twitter, and it\u2019s very odd, to say the least. Outside of the leftists who began to lose their ever-loving minds over the prospect of Musk opening the door for a free exchange of ideas and open debate, big money dealers began wading into the fight to throw up roadblocks.<\/p>\n<p>As <a href=\"https:\/\/redstate.com\/nick-arama\/2022\/04\/14\/saudi-prince-tries-to-throw-a-roadblock-into-musks-twitter-deal-but-elon-levels-him-with-response-n550517\" target=\"_blank\" rel=\"noopener\">RedState previously reported<\/a>, Saudi Prince Alwaleed bin Talal suddenly popped up and declared that he, a shareholder with a 5.2 percent stake in the company, would vote against Musk\u2019s offer, prompting Musk to ask very publicly how much the Kingdom owns of Twitter both directly and indirectly, and what the Kingdom\u2019s views on journalistic freedom and free speech are.<\/p>\n<p>Unsurprisingly, he didn\u2019t get a response.<\/p>\n<p>Then, out of the blue, a company stepped in and bought up enough shares to unseat Musk as the top shareholder. According to the <a href=\"https:\/\/nypost.com\/2022\/04\/14\/elon-musk-could-have-competition-thoma-bravo-considers-bid-for-twitter\/\" target=\"_blank\" rel=\"noopener\">New York Post<\/a>, a private equity giant called Thoma Bravo is working on its own offer for Twitter:<\/p>\n<blockquote>\n<p>It\u2019s not clear how much Thoma Bravo might bid or when it might make an offer. The firm has an internal team working on the potential transaction, the source familiar with the matter told The Post.<\/p>\n<p>\u201cYou are not far off,\u201d a second source close to the situation said when asked by The Post if Thoma Bravo was working on a possible bid for Twitter.<\/p>\n<p>Thoma Bravo could be a white knight for the company and CEO Parag Argawal, one of the sources said.<\/p>\n<\/blockquote>\n<p>The sudden appearance of Thoma Bravo is strange but probably not surprising.<\/p>\n<p>What makes it strange is that Twitter isn\u2019t typically something the equity firm, based in San Francisco and Chicago, engages in. Thoma Bravo is an investor in business-to-business companies, not consumer-facing companies. However, Twitter\u2019s board might be desperate to rescue Twitter from Musk\u2019s grasp and Thoma Bravo might be the aforementioned white knight.<\/p>\n<p>\u201cOur private equity investment vehicles employ the same investment philosophy \u2014 to partner with and support existing management teams to help deliver solid operating results and drive innovation,\u201d the company\u2019s website reads.<\/p>\n<p>As the New York Post reported, if Musk\u2019s offer is rejected, the stock could take a dive in no small part because Musk sold his enormous shares, but Thoma Bravo could save it:<\/p>\n<blockquote>\n<p>Twitter, if it rejects Musk\u2019s offer, could see its share price collapse unless it had another option to reveal at the time of a possible rejection. That\u2019s where a so-called white knight would come in.<\/p>\n<p>Because of that, Thoma Bravo needs to move quickly \u2014 if it elects to move forward \u2014 to show the Twitter board it has a potentially friendlier alternative, sources told The Post.<\/p>\n<\/blockquote>\n<p>If the mission statement from Thoma Bravo is true, Twitter\u2019s management wouldn\u2019t have to worry about being kicked to the curb and they can continue doing what they do best, restricting conversation and censoring whatever they don\u2019t like.<\/p>\n<p>Musk, upon obtaining Twitter, would likely clean house and make sure that the company practices free speech, free expression, and the free exchange of ideas. This would likely require replacing people from top to bottom, something those in charge at Twitter would very much like to avoid.<\/p>\n<p>This fight for Twitter is more of a fight for the freedom to express oneself in the de facto town square with Musk attempting to drive out the social dictators who have kept everyone else supressed. It will be interesting to see how Musk responds in the coming days, and more interestingly, who will win this fight.<\/p>\n<p>Regardless of the outcome, we will know where the people who resisted Musk\u2019s attempts to free the public better, and where their hearts really are.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A lot of scrambling seemed to occur the moment Tesla CEO Elon Musk made the offer to buy up Twitter, and it\u2019s very odd, to say the least. Outside of<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1440429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1440429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1440429"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1440429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1440429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1440429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1440429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}