Apollo Global Management may give Ilon Musk loan funds to buy Twitter

Home / Apollo Global Management may give Ilon Musk loan funds to buy Twitter

Investment firm Apollo Global Management is considering a partnership with Ilon Musk or other interested parties to buy Twitter.
Earlier, investment firm Thoma Bravo said it was also considering acquiring the social network.

According to the Wall Street Journal, Apollo could provide Musk or another bidder, such as Thoma Bravo LP, with equity or debt to support the offer.
Last week, Musk made an offer to buy Twitter for $43.4 billion in cash. In turn, Twitter responded by implementing a plan to protect itself from a hostile takeover.
The Wall Street Journal reports that Appollo is also considering a “collaboration” between Yahoo, which it owns, and Twitter.

Leave a Reply

Your email address will not be published.