Twitter Inc. has brought on a second investment bank, JPMorgan Chase & Co., to help it respond to Elon Musk’s hostile bid, according to people familiar with the matter.
The largest U.S. bank started work recently to assist Twitter in talks with potential buyers, the people said, asking not to be identified because the matter is private.
Representatives for Twitter and JPMorgan declined to comment.
Besides Musk’s offer, Twitter has been fielding takeover interest from other parties, including technology-focused private equity firm Thoma Bravo, according to one of the people familiar. The New York Post reported Thoma Bravo’s interest on