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“Thoma Bravo Raises $2.7 Billion in Nasdaq Stake Sale”

“…The private equity firm sold 41.6 million Nasdaq shares for $65.30 each, according to a statement by the exchange operator Monday. A Thoma Bravo affiliate was offering the stock for between $64.80 and $65.80 each, Bloomberg News reported Friday.

The shares were priced at a discount of 2.48% to Nasdaq’s Friday closing price of $66.96 per share, according to Bloomberg calculations…”

https://finance.yahoo.com/news/thoma-bravo-raises-2-7-125143176.html

Why did they sale so many? Are they getting out of dodge? Do they know something we don’t?

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