2 years ago
Apollo Global Management is willing to finance a Twitter buyout, sources say
Private equity firm Apollo Global Management has held discussions about financing a potential takeover for Twitter, according to sources familiar with the matter. But Apollo isn’t interested in being part of a private equity consortium that would acquire the social media company, said the people, who asked not to be named because the discussions are private. Any financing Apollo provides would likely come in the form of preferred equity, one of the people said.
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