Private equity firm Thoma Bravo is acquiring Anaplan, a provider of cloud-based business planning software that went public in 2018, for $10.7 billion in cash. The deal is Thoma Bravo’s latest big splash in enterprise software, following last year’s $12.3 billion acquisition of cybersecurity company Proofpoint and $6.4 billion purchase of Medallia, which sells software for analyzing customer...
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The Briefing Markets
Musk Throws Shade at Twitter CEO (and Securities Rules)
It’s day 43 in the Elon Musk–Twitter saga—and things are getting even weirder. Today we witnessed the bizarre spectacle of Elon Musk tweeting a poop emoji at Parag Agrawal after the Twitter CEO tried to clarify the company’s procedures for keeping spam bots at bay. A short time later, Bloomberg reported that Musk had told a private conference in Miami a viable deal for Twitter at a lower price...
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