The American private equity tycoon, the hostile takeover approach and the Pac-Man defence...
Tuesday, 12 July 2022, 7:06 pm
A tweet from Orlando Bravo caught Betaville's eye this afternoon, with the founder of US-based technology buy-out house Thoma Bravo tweeting:
"In this market, I wouldn’t look at a company's “takeover value” as part of one’s investment thesis or to try to predict a bottom on a stock. Neither strategics nor PE have the time & money to pursue even a fraction of the attractive M&A opportunities that exist right now."..