Blackstone Squeezes Thoma Bravo and Its Ailing Software Company Medallia

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Bloomberg Markets 3 days ago • bloomberg.com

Blackstone Squeezes Thoma Bravo and Its Ailing Software Company Medallia

A group of private credit firms led by Blackstone Inc. has refused to extend another lifeline to software company Medallia, amping up pressure on owner Thoma Bravo to inject more equity into the troubled business or hand…

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