Thoma Bravo’s Offer ‘Insultingly Low,’ Magnet Investor Says

By Jade Martinez-Pogue (March 8, 2023, 5:17 PM EST) — California-based hedge fund manager Nellore Capital Management LLC on Wednesday sent a public letter to the shareholders of cybersecurity company Magnet Forensics, saying that they were “practically being robbed” by Thoma Bravo’s proposed CA$1.8 billion ($1.34 billion) take-private purchase of the company and urging them to vote against the deal….

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