LAXXW - Merger Arbitrage Mondays: Thoma Bravo Adds SailPoint To Portfolio Approaches Twitter
- Thoma Bravo continued its binge of software acquisitions last week by entering into an agreement to acquire SailPoint Technologies.
- Kaseya, a provider of unified IT management and security software, entered into a definitive agreement to acquire Datto Holdings for $6.2 billion.
- WindAcre Partners disclosed on April 14 that it has raised its stake in Nielsen Holdings to 25% as it continues to oppose the company’s agreement to be acquired by a private equity consortium.
- We could see a bidding war for Twitter in the coming days, with Thoma Bravo expressing interest in making a competing bid for Musk’s offer. Twitter is working with Goldman Sachs and JPMorgan Chase, while Musk is working with Morgan Stanley.
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Merger Arbitrage Mondays: Thoma Bravo Adds SailPoint To Portfolio, Approaches Twitter